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Santelli Stunned: It's Better To Be On Disability Than Work Minimum Wage
The sad truth in the USA, as we explained in great detail here, incentives to 'work' are increasingly non-existent. Thanks to a never-ending stream of benefits from the great and powerful Oz, as CNBC's Rick Santelli notes, Disability payments (of which there are 14 million people covered in the US - none of which count towards the unemployment rate) pay around $13,000 per year (versus $15,000 for minimum wage work). However, Santelli exclaims, the people on disability get healthcare; and this program costs the US $300 billion per year. Is it any wonder that only 1% of those who were on disability in Q1 2011 have left? Santelli comments, "I'm not saying there aren't people that are on disability that shouldn't be, but much of it is illnesses like back pain... it's a judgment call," adding that, "without incentives, large issues go ...totally unfixed."
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with bad knees and shot nerves after 40 yrs in the workers paradice can i sign up? as long as get to keep my deposits under 250k ps which wont be a issue
the math is bullshit...no one gets 40hrs a week/$15k a year. you get 23hrs max and make $7500. most min wage jobs are thru 'agencies' so you arent a full time employee and you also dont get benefits. funny...people making millions commenting on how the minwage worker exists....
This problem started a long time ago because any Federal Benefits have been subject to some sort of COLA whereas private wages - HAHAHAHAHAaa - not so much. Disparity? Compound interest? Over a couple decades, the word gets out. Probably mostly through bitching - "My disability/social security/whatever check "only" went up by ____ this year!"
I'm actually perfectly fine with the freeloaders at the bottom. I just can't stand the ones at the top; JPM, BAC, CITI, GS and FRBNY.
It's nice to see a comment that doesn't pound the poor of this nation further into the ground. There are some people that need help. I know most of you don't like this fact because you somehow feel everyone should be working so you don't have to be charitable.. The fact is, there are people collecting disability because THEY ARE FUCKING DISABLED!! If you're not disable, be thankful for that instead of being a dick about it. I know, I know.. some people are collecting that are able to work.. Jesus fucking Christ.. I know..
I don't mind freeloaders who're living in flophouse apartments in the ghetto and surviving off of mediocre food, it's the ones driving around in Escaplades/Yukons/Denalis with spinner rims and sound systems who bother me.
I don't mind freeloaders who look around at their empires of chain-linked fence homes with garbage strewn lawn they double up on to make the fed/state dollars stretch just a little bit farther....it's the ones wearing $300 Nikes and who have a pack-a-day and a 750ml of their chosen drink habit a day who bother me.
Ahh who cares. Just keep them away from me.
A better question: Is the business community really to blame?
If your business relies on paying piss poor wages to give you a bottom line, you don't really have a business. If you're a large corporation that pays piss poor wages just so the execs and shareholders can make a killing, you're the ones killing the incentive to work.
Slave labour and sweat shop economics are never going to endow anyone at the bottom of the pile with a feelgood attitude towards work.
In a society where education, welfare, free school food for kids and foodstamps abound it is the same business people who cover this hidden cost of doing business while matching the withholding taxes for the same shitbags you make excuses for. Work harder and better yourself with pride to rise above the other lazy shitbags. Quit your fucked up thinking you lazy pathetic democrat bastard!
While the rich continue to feed at the trough, the war on the poor continues....shakes head. In the background Santelli holds his tea bag up to the camera.
Contributing to the problem, as it always does, is the Federal govt's various mandates, minimums and quotas that set the break-even point on each marginal employee far too high. hiring considerations nowadays go well beyond net salary/wage (including the hurdle rate deemed legal by the minimum wage laws) but also include payroll taxes and benefits. But t he benefits have an overhead all of their own, just to maintain the army of paper-pushing compliance specialists that serve absolutely no purpose but to leach off of real value creators.
More than that, minimum wage laws also prevent entry-level employees from entering the workforce and acquiring experience and hopefully skills they can use to contribute more and therefore earn more.
Then there's the whole exporting of the USA's wealth, most fundamentally via the dollar destruction, that has cause capital to exit stage right. The concept of an entry-level job today vs. 25 years ago is so enormous because manufacturing up and left.
Govt has really made the choice easy for people on disability, given govt has fucked up the economy beyond all repair.
I heard this actual story on NPR Saturday. It lasted an hour and was, for NPR, quite refreshing.
The main points were that people are looking disability as a legitimate way to survive in this economy.
Doctors are recommending disability en mass to older 55+ people who have been laid off.
Then a manufacturing/factory closes, a huge chunk of the older men get directed to disability through the jobs retraining program.
There is a whole swath of people who have back problems. They probably do have a legitimate problem if they were to continue doing heavy, hard work. The training and education is not there for 'office jobs" One lady was asked here ideal job and she replied the admissions officer at the claims center as it was the first job she had seen that could be done sitting down. Small towns don't have many office jobs.
The State of Missouri is hiring a company to comb through the Medicare rolls (state funded) to be put on the disability roll ( fed funded) they have a 75% success rate and every time a person leaves, the company gets $2,200.
Most importantly, once off disability, you literally drop off the workforce data calculations.Meaning unemployment is closer to shadow stats then the Fed govt. wished to acknowledge.
Mine is the condensed version with kids interrupting, for the whole piece visit http://www.thisamericanlife.org/
The system is going to crash, I'm 32 and looking onto getting off of SS for religious reasons.
The start of that NPR show describes Hale County, AL....a quick look at Wikipedia will tell you that Hale County is 60% black.
perhaps the racial demographics of the welfare banker rolls comes a bit further along in the broadcast.
Almost forgot the lawyers. They are making even more than a killing than normal. About 1 in 4 disability claims is accepted the first try. What the lawyers are now doing is resubmitting the 3 that didn't pass, they get a percentage of the "back pay" from the date of the first try. The floodgates have opened at the Fed and now about 60% are accepted second time. Easy $ for lawyers = more people on disability. We are rewarding the wrong people for the wrong thing.
First let me qualify all of the below with the following:
I can't fault any average mirror-fogger for trying to get a nickel. 13K / year is a whole lot less than $85 Billion / Month. Because I am familiar with scientific notation, I know which numbers actually matter. That said:
Can I get some data on the number of backpain disability recipients who are also obese?
dude.
you don't need an excuse to hate fat people.
it's all the rage now.
No More Subsidies ! For Anyone.
You're on your own. That's why family is a good thing. And a loving family is a very good thing.
And a family that embraces a community is a better thing.
Level the playing field. At the top and the bottom.
Open season on corrupt politicians, ceos, bankstas, as well as all other cheats and miscreants.
A deer can run and jump 10 feet in the air through thick brush.
How fast will Mr. Corzine be moving ?
But first we create HONEST MONEY! Otherwise you're simply saying: Why don't we clever, guys, crooked, sneaky and well-connected first rob the doers and makers with confetti money and throw a bunch at the dumb, poor slobs, and THEN tell everyone that they're on their own... Why, after we've raided everything, heck, how hard can it be to be "on our own". [evil, prolonged laughter].
Get the picture? Hence, Honest Money first! Or, all you've done is restarted the SAME cycle.
The free market is savage capitalism unrestrained by anything other than an Invisible hand. The State has replaced the Divine as the arbiter of all. And of course this is when the discovery is made that the Divine so-called is simply the Anima Mundi and the State is but piracy write large and justified. All states strive to have a maximum leader and cabal that plunders legally-theft recognized by other states.
People on disability and welfare are mostly fraudulent felonious criminals who vote for democrats.
from an article dated Jan. 2012, The Food Stamp Fallacy,
Currently, over 5.3 million people in the United States are denied the right to vote because of felony disenfranchisement
the white American poor, especially those in rural areas, are "forgotten."
White Americans, poor and middle-class alike, receive the vast majority of tax-funded government assistance programs, from monthly assistance to Social Security to food stamps.
______________________
How are they forgotten if they receive the vast majority of tax funded government assistance programs?
Another 'american' truism...
AnAbsurdity:
Ummm ... because they don't.
The biggest recipients of tax funded government assistance programs are the TBTF banks in the US, Europe, and Japan, the Wall Street "bank holding company" syndicate/mob, and other financial corporate stewards of the Potomac Swamp like General Electric, whose legal division (as in Panzer division) writes the nation's tax code.
When do propagandists realize that their tricks are getting older by the days? Substituting an invented point for a real one as the ground of 'discussion' is a favorite of this guy.
Oh my goodness............ you mean to say the disabled got 300 billion /year in healthcare...........acording to who, besides some lying government accounting office??....HOW ABOUT THAT 16 TRILL that went to the banks, and continues to go at zero percent interest. Anyone that listen's to Santelli, whose platform is on the biggest propoganda machine ever invented, is either stupid or an asshole. Next Santelli will be bitchen about is the free tires the disabled get for their wheelchairs.
I wish everyone well.
fucking speculator
With so many unemployed or underemployed people competing for the few jobs left, disabled people are at a great disadvantage. Of course the number of disabled people on benefits has increased, they go to the back of the jobs queue when times are hard.
Work isn't just about the pay, it brings social benefits, learning opportunities and a degree of self-respect among other things. Living on disability benefits reduces quality of life for many, increasing depression and isolation. It traps people in a low standard of living.
I know some young adults who are deaf and have learning difficulties, some of whom have found work with a lot of support from their care workers, but in this economic climate I wonder how long they can keep their jobs.
I'd prefer that most were gainfully employed, getting paid to make a living wage. Failing that, I'd prefer they had paid enough into UI to get them by till they are employed.
Failing that, I'd prefer having them on welfare, as opposed to being in the streets or in jail. In terms of pure net cost, it's cheaper to keep them in some 'residence' and with own TV, than trying to steal mine or paying 3-5x by keeping them in jail.
And higher education (at affordable prices, i.e., per global rates, not hyper-inflated US rates) is a fine way keep youth off the streets and out of employment lines. If it were up to me, I'd make them all do mandatory military training -- like in Switzerland and Israel.
Might even consider work brigades to have welfare cases or long-term unemployed earn their money and keep some self esteem. Spare me the liberal, left-wing wailing.
raise the minimum wage to $12...that would solve a lot of problems - revenues, social security, medicare funding, & it would underpin real estate & hence the banking system..
Whether one steals $16,000,000,000 or $13,000 a crook is a crook is a crook! All belong in farking prison, or worse!
So Rick is saying.. fuck you Tiny Tim!!!
I got a whole neighborhood full of them mowing their grass, dragging limbs, remodeling their house, going to the gym, washing their bass boat, walking the dogs they sit, etc. etc. etc.
Are they more clever than I, maybe....
The only one that also had a job was the quadriplegic. She actually wanted to work.
"She actually wanted to work."
so she's mentally disabled as well?
http://www.youtube.com/watch?v=FzlM0yhcAYQ
Somehow, for the current system to keep working. we've got to keep the poor, the old, the fucking disabled, the most vulnerable people in the entire society off their lazy asses and back to the fucking slave labor that the ruling class has put in place.
I would feel more hostile to disability cheats if we weren't enabling bankster cheats
If the disabilty cheats could be banker cheats, they certainly would be. Feel free to hate them both, I know I do.
It's common knowledge in the armed forces civilian jobs people twist their back and take disability until retirement.
Maybe Santelli can take CNBC for a ride and slip on the trading floor sue and go on disability?
Why fight the crooks Rick? Turn into one yourself and take CNBC for everything you can.
The banksters and Wall Street are doing it.
Come on, let's get real honest. The social safety net is nothing more or less than a taxpayer subsidy to employers that pay low wages and no benefits. With out it something would have to be done so that half the population didn't starve to death. Do you think the North Koreans would send us some rice so we wouldn't have to eat the bark off all the trees?
The social safety net is nothing more than the unconstitutional theft of taxpayer money enabling progressives to continually be reelected by buying votes with our money......under the guise of "caring for the children"...
gee, let me think. don't work. make $13K per yer plus benefits. Versus. Work my ass off. no benefits. Make $15K per yer. Hmmmmm. Am i an idiot?
of course, i'm going to get disability.
maybe minimum wage is too fucking low.
A fish rots from the head...... ZIRP and race based hand outs...then the victim based hand outs = vote for the DEM party.
The rot is what they want. Cloward Piven here we come.
Fuck Ya it is more profitable and I'll tell you how to do it. When you go in to talk to the shrink you say to him, "When I become the Attorney General of the United States of America I'm going to tell the American people that Bank CEOs are above the law and it would cause a global financial meltdown if I prosecuted them." That's all it takes and then you too will be living the life of Garfield.
That's AWESOME Rick!
Now when are you going to get around to the EPIC RANT on major corporations that are getting billions in subsidies and that PAY NO TAX?
Why don't you mention your banking buddies who are the biggest WELFARE QUEENS ON THE PLANET
Yes Rick - the reason these cocksuckers are able to pay themselves mega bonuses is because poor fucks who actually pay taxes bailed these fucks out - and because little old ladies on tiny pensions are suffering so these FUCKS can get trillions in ZIRP money to punt in the casino (... ah the stock, property etc.. markets) knowing FULL FUCKIGN WELL that if they fuck up big enough --- they GET BAILED OUT - AGAIN!!!
FUCK YOU SANTELLI YOU RAT BASTARD COCKSUCKER.
Now go back and to your pit and get high fived by the crew of welfare bums that worship you.
How's that for a RANT?
You are correct and so is Rick- both are takers and should be stopped.
Santelli, another fine specimen of 'americanism'
Santelli: "it is better to be disabled than able"
What a genius. What an 'american' middle class spokeperson. Another eminent servant to the King class aka We The People aka the 'american' middle class.
The big triumph of individuality, as brought to you by Rick "the genius" Santelli who already distinguished himself with memorable quotes like
"you cant con a honest man"
'Americanism' at work, bringing new normals everywhere.
And what new normals!