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Art Cashin Explains What Happens To Those Who Stop Looking For Work

Tyler Durden's picture





 

While the government propaganda machine chugs along and tells us to move along, there is nothing to see in the plunging labor participation rate, it is just 50 year olds pulling a Greek and retiring (fully intent on milking those 0.001% interest checking accounts, CDs and 3 Year Treasury Bonds for all they are worth - they are after all called fixed "income" not "outcome") there is more than meets the eye here. Yet while we will happily debunk any and all stupidity that Americans actually have the wherewithal to retire in droves as we are meant to believe (with the oldest labor segment's participation rate surging to multi-decade highs), there is a distinct subset of the population that migrates from being a 99-week'er to moving to merely yet another government trough - disability. Art Cashin explains.

From UBS Financial Services

I’m Sick Of Being Unemployed - A couple of strange and rather disquieting reports circulated among the Friends of Fermentation yesterday. The topic was unemployment or, more specifically, where do those people go who have stopped looking for work. Their absence is credited with distorting the unemployment rate and making it lower than most expect or believe.

The reports I allude to, contended that many went on disability. In fact, they projected that nearly 25% of those not actively seeking a job had applied for, and been accepted, by disability - mostly Social Security.

One of the reports came from a site called SoberLook.com (a perfectly logical place for the Friends of Fermentation to be browsing). The Sober report quoted extensively from a report by JPMorgan. I was unable to locate the original JPM report but we’ll assume that Sober quoted from it correctly. Anyway, here’s a bit from SoberLook:

But how does one survive after losing the unemployment benefits? Clearly people struggle. One way to pay the bills however is to file for and receive the federal disability benefits - assuming of course one has a disability. Interestingly enough, the Great Recession and the slow recovery somehow generated many more disability recipients.

 

JPMorgan: As of January over 8.5 million individuals were receiving federal disability payments (an additional 2 million spouses and children of disabled workers also received disability payments). Since the onset of the recession and the subsequent slow recovery, this figure has accelerated and grown faster than the overall size of the potential labor force— currently 5.3% of the population aged 25-64 is on federal disability, up from 4.5% when the recession began.

The Sober report then goes on to look at the makeup and maladies of those going on disability:

JPMorgan points out that increases in the number of disability benefits recipients account for about a quarter of the decline in employment participation. Furthermore during recessions the number of new disability claims actually increases, even though the number of jobs with higher injury incidence (such as construction) generally declines. Try explaining that one... Half of the benefit recipients suffer from "mental disorders" and "musculoskeletal disorders" (such as back pain). "Mood disorders" alone account for over 10% of this group. And once someone starts receiving these benefits, it's almost impossible to take the off the program. In 2011 only 1% of the recipients lost their benefits because they were no longer deemed disabled. So how much is this program costing the US taxpayer? Apparently quite a bit.

 

JPMorgan: The cost to the federal budget of these programs has escalated along with the number of claimants, and now runs around $200 billion per year—more than the budgets of the Departments of Commerce, Energy, Homeland Security, Interior, Justice, and State combined.

 

Thus a quarter of people who drop out of the workforce and come off the unemployment benefits, simply move to receiving disability payments. And most stay there until they roll into the social security program when they retire - from their disability. The same source, a different program.

The other article on the disability phenomenon was authored by Robert Samuelson and carried by Real Clear Politics. It quoted extensively from a paper by David Autor of MIT. They cite a similar relationship of rising unemployment to rising disability application.

Autor attributes disability's expansion mainly to liberalized, more subjective eligibility rules and to a deteriorating job market for less-educated workers. Through the 1970s, strokes, heart attacks and cancer were major causes. Now, mental problems (depression, personality disorder) and musculoskeletal ailments (back pain, joint stress) dominate (54 percent of awards in 2009, nearly double 1981's 28 percent). The paradox is plain. As physically grueling construction and factory jobs have shrunk, disability awards have gone up.

 

For many recipients, the disability program is a form of long-term unemployment insurance, argue Autor and his frequent collaborator Mark Duggan of the University of Pennsylvania. Benefit applications surge when joblessness rises. From 2001 to 2010, annual applications jumped 123 percent to 2.9 million. On average, recipients start receiving payments at age 49 and keep them until 66, when they switch to Social Security's retiree benefits.

 

Superficially, the case for overhaul seems overwhelming. Tougher eligibility standards would protect the genuinely disabled but limit benefits for others. Don't hold your breath. For starters, any crackdown could become a public-relations disaster. It might seem gratuitously cruel. Many recipients command sympathy. With low skills, their jobs prospects are poor. "People are driven into the program by desperation," says Autor. Nor are they rolling in money; the average payment is about $14,000 a year.

Another, rather familiar relationship showed up a bit later in the article:

Lawyers would also resist big changes. The Social Security Administration initially rejects about two-thirds of applications, but about half of these are appealed by lawyers and other professional advocates before administrative law judges, where the approval rate is between 60 percent and 75 percent. In a series of well-reported stories, The Wall Street Journal's Damian Paletta showed that the system is open to abuse. But it's also lucrative. Lawyers and other advocates are entitled to 25 percent of back benefits up to $6,000 per case. Their total payments approach $1.5 billion annually.

 

The larger budget quagmire now comes into focus. What the federal government does is so vast that it suffocates informed debate and political control. The built-in bias for the status quo reflects the reality that the various parts of government are understood, defended and changed mainly by those who benefit from their existence. However strong the case for revision (and it is powerful here), it is tempered by political inertia. What's sacrificed is the broader public good. The quagmire is of our own making.

So, when your unemployment benefits are running out and no potential jobs are visible, it’s almost natural to look in the mirror and wonder why you aren’t feeling good…..er…..make that well (sorry, Sister).

 


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Tue, 02/14/2012 - 16:48 | Link to Comment NidStyles
NidStyles's picture

Pay a Fee? Fuck that too. If I walk over the border tomorrow who are they going to send after me? The next poor sap that's likely to get retired by trial of fire?

Tue, 02/14/2012 - 17:03 | Link to Comment Stevious
Stevious's picture

Uh, the days of walking away from an overdue student loan ended many, many years ago.

To file bankruptcy today is almost impossible.  To file bankruptcy on a student loan one would have to be deaf, blind, and a quadraplegic, and even then when they start collecting social security (if ever) a portion will be removed for the student loan. 

Tue, 02/14/2012 - 17:22 | Link to Comment Xkwisetly Paneful
Xkwisetly Paneful's picture

has led many formerly hard working, law-abiding, work ethic, proud Americans to say "fuck-it" and milk the corrupt system that they have worked to fund for 30+ years.

 

Moral hazard really? 

Does that include:

Epidemic of single parent households.

Watered down to nothingness education system

The medicated for life youth,

Revolving door justice system,

the least work for most pay public unions and their endless no show jobs, retiring at 55yo with rolls royce pensions and healthcare,

titanic fail war on poverty, where America actually has the audacity to call obese people who own homes and cars "poverty stricken."

and too many other epic fail social science experiments on the human race that are coming home to roost.

 

Or just going to limit it to they getting over on the man cause the man got over on them, dated inane, archaic rhetoric of the same culture that doomed America from their early years and are merely following through at this point.

Wed, 02/15/2012 - 01:18 | Link to Comment ebworthen
ebworthen's picture

You are halfway there, keep going...

Tue, 02/14/2012 - 17:03 | Link to Comment linrom
linrom's picture

It's not moral hazard, it's warfare.

Tue, 02/14/2012 - 16:30 | Link to Comment ziggy59
ziggy59's picture

2012...Year of Vaporization

Tue, 02/14/2012 - 16:33 | Link to Comment onebir
onebir's picture

This has been a big issue for some European countries for many years. Some docs diagnose illness or disability in people in dire economic straits as a way to help them. 

Ironically thanks to the pharma industry's lobbying & marketing power, the cost of the unnecessary meds that go along with these diagnosis may be higher than unemployment benefits...

Tue, 02/14/2012 - 17:32 | Link to Comment Crumbles
Crumbles's picture

Down with a case of the flu for a week - watched some daytime TV - for about 2 hours, then the disgust turned to headache - Commercial after commercial for electric wheelchairs (won't cost you a cent if you're on disability), lawyers hawking Disability Appeals, Free Meds (almost, if you join our plan) and even a Pain Clinic ad.  Tempted by the latter - such a headache!

70% of the actors depicting ill / disabled people were hugely fat.  

Almost overjoyed the flu has dropped 5 pounds this week off my midsize frame.

I turned off the tube and was left with just the disgust.

Wasn't it PT Barnum who said: "You can fool some of the people all the time, and all of the people some of the time, but no one can fool all of the people all of the time."

Wondering it that is still true ??   Maybe we will find out in several months.

Tue, 02/14/2012 - 18:27 | Link to Comment Diogenes
Diogenes's picture

That was Abe Lincoln. Barnum said there's a sucker born every minute.

It was Mark Twain who said " Ain't we got all the fools in town on our side? And ain't that a big enough majority in any town?"

Tue, 02/14/2012 - 16:34 | Link to Comment earleflorida
earleflorida's picture

total bullshit! the insurance companies have been planning for this for a decade at minimum. the only way you get a pass is if your near death or totally handicapped, period!

What a bunch of bullshit,... and if you do get accepted and your in your 30's - 40's you ain't contributed enough into Social Security to get squat - of course if you think $500 a month is alot of dough

jmo 

Tue, 02/14/2012 - 16:34 | Link to Comment chockl
chockl's picture

OH, You forgot about the free I-Phones.

Tue, 02/14/2012 - 16:34 | Link to Comment Gringo Viejo
Gringo Viejo's picture

Will be applying for SS next month. Now I can buy that San Francisco Chronicle subscription I've been saving up for.

Tue, 02/14/2012 - 16:38 | Link to Comment Bob
Bob's picture

This could be interpreted as an expose of social security abuse. 

On the other hand, it could be taken as a description of how a full quarter of the working population works in pain.  It's okay, they wanna work.  And get paid.  Then the work goes away, along with the UEC, and there are no jobs.  Still got the pain . . . and it's worse even than it used to be. 

After not working. It happens . . . ya got older. 

I know, it sounds like I'm trying to be funny. I won't bother with an argument for those who aren't feeling it. 

We should have a Civilian Conservation Corp program for the unemployed and stop wasting people, money and time on stupid shit.

And stop giving the BLS skewed data to manipulate. 

Tue, 02/14/2012 - 16:43 | Link to Comment adr
adr's picture

$14k a year is better than you'll get at any McJob.

Tue, 02/14/2012 - 16:54 | Link to Comment HungrySeagull
HungrySeagull's picture

until you learn all of it is consumed by your household and you cannot afford mcdonald food.

Oh and you will be required to pay medicare and prescription under current obamacare law.

That takes a few thousand right there.

If you appealed and won with a lawyer, he or she will take 25% of your back pay plus 40% of your monthly.

Tue, 02/14/2012 - 17:06 | Link to Comment Bob
Bob's picture

Sadly, both the minimum wage workforce and the officially disabled are equally fucked.  One gets to work, the other doesn't.  And still we have major unemployment. 

And what's that other thing?  Oh, yeah, income disparity. 

Tue, 02/14/2012 - 17:07 | Link to Comment Stevious
Stevious's picture

We could have a Civilian Conservation Corps but nobody would show up...

Where I live Sturm, Ruger Co (the gun manufacturer) desperately needs workers.  The pay is $10/hour but includes pay for the one hour drive on their free bus too and from work to my small city.  Yet the jobs go unfilled.  I asked why at the local Employment Security Office one day and I was told: "nobody want's to get up for the bus as it leaves at 0430."

Tue, 02/14/2012 - 17:39 | Link to Comment Bob
Bob's picture

What city is that?  I live in a very high education, "low unemployment" area, but still there would be a long line for those jobs.  All areas go downhill from here, as far as I have either seen or heard. 

What area are you in?

Tue, 02/14/2012 - 23:36 | Link to Comment smiler03
smiler03's picture

Sturm, Ruger is headquartered in Southport, CT, with manufacturing facilities located in Newport, NH and Prescott, AZ.

http://www.ruger.com/corporate/news/2012-02-02.html

Tue, 02/14/2012 - 16:39 | Link to Comment chockl
chockl's picture

Philly gov. worker gets $ 600000 parachute and next day applies for unemployment.

Tue, 02/14/2012 - 17:33 | Link to Comment Clueless Economist
Clueless Economist's picture

Ackerman

Tue, 02/14/2012 - 16:40 | Link to Comment AcidRastaHead
AcidRastaHead's picture

Aha!  I knew that bunion of mine would be my golden ticket someday.

Tue, 02/14/2012 - 16:55 | Link to Comment HungrySeagull
HungrySeagull's picture

That's funny, until it becomes Gout.

Half the employers deliberately remove chairs to force you to stay on your feet 10 hours.

Tue, 02/14/2012 - 17:25 | Link to Comment AcidRastaHead
AcidRastaHead's picture

I disagree, gout is just as funny as bunions

Tue, 02/14/2012 - 21:09 | Link to Comment magnumopusdeislayed
magnumopusdeislayed's picture

I have personally witnessed Verizon doing this.

Tue, 02/14/2012 - 16:40 | Link to Comment Vince Clortho
Vince Clortho's picture

On another note, the plunge protection team started the pump at 3:30.

Still a chance to go green today.

Tue, 02/14/2012 - 16:47 | Link to Comment optimator
optimator's picture

10 minutes late today, I wonder why -- late lunch?

Tue, 02/14/2012 - 16:41 | Link to Comment adr
adr's picture

Don't forget you also get a nice handicap mirror hangar so you can park in handicap spaces. Remeber that the next time you see a perfectly healthy black woman in a brand new Chevy park in a spot and pull out the card. She's triple or even quadruple dipping government programs to pocket close to $100k and the lawyer she hired made just as much helping her get it.  A black guy driving a brand new CTS told me one time, "Man we just get on the program, I'm gettin me almost $120k a year. Never pay for food, never pay rent, never pay for utilities. All I gots to pay is for my gas, Fuck all the money I get $5 gas won't be nothin. Probably make a program for thats too. Hell all any black guy has to do is find a good jew lawyer to file papers. Don't even have to pay em, they just get paid by the government for signing us up. Feel sorry for you man."

Tue, 02/14/2012 - 16:56 | Link to Comment HungrySeagull
HungrySeagull's picture

Trust me, you don't want a tag like that.

If you are truly unable to walk that far, then get one.

Tue, 02/14/2012 - 16:41 | Link to Comment Boxed Merlot
Boxed Merlot's picture

Lawyers and other advocates are entitled to 25 percent of back benefits up to $6,000 per case. Their total payments approach $1.5 billion annually...

 

O.K., So Corzine goes on a world tour with frn 1.2B and leaves Teneo in charge of damage control. He's but one, albeit the designer in chief of the current US financial recovery program employed by Barry and his Delaware corporate vice lackey, I’m to find fault with a plurality of US folks for receiving benefits from insurance policies their labors paid premiums to? 

 

Sure, they may not have been paying frn50K per month for the coverage, but given the paltry return on premium in comparison, I think the judiciary has bigger fish to fry than these poor souls.

 

Imho.

  

Tue, 02/14/2012 - 16:43 | Link to Comment chancee
chancee's picture

Um, yeah... anyone who isn't sure whether this market completely manipulated by the ES futures... take a look at the last half hour of price action on the ES.

Tue, 02/14/2012 - 16:45 | Link to Comment Arkaenun
Arkaenun's picture

Looks like 3:30 rumormill is back in full force.

Tue, 02/14/2012 - 16:44 | Link to Comment GernB
GernB's picture

BTW, there is another alternative to unemployment. It's not necessarily incompatible with disabhilityt though. I know of a few people who do odd jobs for cash. Enough odd jobs to live on. They pay no taxes and they are totally off the books as far as income, so they wouldn't show up on anyones radar as being unemployed.

Tue, 02/14/2012 - 16:48 | Link to Comment Big Ben
Big Ben's picture

Well, we had the exact same thought at the same time. Great minds think alike!

Unfortunately, weak minds also seem to think alike.

Tue, 02/14/2012 - 17:35 | Link to Comment MachoMan
MachoMan's picture

Eh no...  the deal with unemployment/other entitlements is you not only get on the dole, but you also work for cash under the table...  rock and roll.

Tue, 02/14/2012 - 22:40 | Link to Comment snblitz
snblitz's picture

I have on occasion rented a low-income apartment I have to low income individuals. I have wondered why they would work for such a tiny wage 8 hours a day, rather than take welfare.   One case was a woman with two children.  She would have made 25% more on the dole, but instead worked.  I even talked to her about it.  She would not go for it.  Another gentleman I rented to without children could similarly have been on the dole but instead worked.  Now this is the country (aka rural) rather than city/suburbia but still, what was wrong with these people? /sarc

Wed, 02/15/2012 - 10:54 | Link to Comment MachoMan
MachoMan's picture

There is a very, very large misconception about the numbers of these people out there...  as well as what will happen when they finally get mad...  these aren't the type of people who are useless eaters...  they're resourceful and, once passionate, will be impossible to control.  There are a LOT of them...  it's just that there don't appear to be too many given their available free time is spent...  working.

Tue, 02/14/2012 - 16:45 | Link to Comment Big Ben
Big Ben's picture

Lots of people, particularly in the construction trade, have probably gone off the radar. They do small jobs, get paid in cash, and very likely report nothing to the government. Less income than before, but enough to get by (especially if they can get medical coverage through their spouse).

Of course, this wouldn't prevent someone from applying for disability as well.

Tue, 02/14/2012 - 17:36 | Link to Comment MachoMan
MachoMan's picture

bingo on the last sentence.

Tue, 02/14/2012 - 16:47 | Link to Comment Squid Vicious
Squid Vicious's picture

I have PTSD from trying to short this market, can I apply?

Tue, 02/14/2012 - 16:51 | Link to Comment yogibear
yogibear's picture

The government encourages everyone to be dependent! Free food, 24K/yr or welfare. Everyone join in!!!

Tue, 02/14/2012 - 16:52 | Link to Comment Joe Davola
Joe Davola's picture

This shit pisses me off to no end.  When I was a kid, my dad nearly lost his arm in a work accident.  He was recieving disability, until Social Security had their doctor determine he still had an arm (even though the bones in it were crushed), so he needed to get back to work - and we needed to pay it back.  Whenever I see the slackers who shuffle into the banks with these checks on the 1st and 15th, it's all I can do not to go postal.  Taught me the valuable lesson that what Uncle Sam giveth, he can take back any time he pleases.

Tue, 02/14/2012 - 16:57 | Link to Comment HungrySeagull
HungrySeagull's picture

Well, I have seen people become plants in a few moments during accidents.

It would have been better to die right there and then.

Tue, 02/14/2012 - 17:06 | Link to Comment uno
uno's picture

they had some good comments on this at

http://www.businessinsider.com/art-cashin-unemployed-disability-governme...

Seems TPTB gameplan is loot while becoming police state and paying off anyone, I have heard of plenty people just gaming SSI etc...  Also working under the table with it, getting medicaid, other govt program leeching

Tue, 02/14/2012 - 16:55 | Link to Comment Pangasius
Pangasius's picture

My biz is going down. Gettin ready to bankrupt. One of my creditors is a sniper from Viet Nam and told me he collected money from some guy after he showed up in his office with his rifle. Hopefully he can still aim cause I'm hoping for the headshot. He still won't get his money though. 

Tue, 02/14/2012 - 17:04 | Link to Comment HungrySeagull
HungrySeagull's picture

If that happens, lower your head a little. It will open up your brainstem and make it less messy.

Not to be callous.

I know of a employer who went bankrupt himself. I wont tell the story too much without going ballistic... but save it to say he used the business to get pussy after digging out 20's and 50's from the drawer with his ring studded fat sausage fingers....

I take solace in the fact that there are some who are far more murderous than me hunting him each and every day of his life.

Kinda hard to live that way.

Tue, 02/14/2012 - 17:06 | Link to Comment CoolBeans
CoolBeans's picture

Geez...that would pretty violate the FDCPA (I probably screwed up those initials) - fair debt collection and all.  Well, if he does - negotiate with your own.  In my case, I'm pretty sure a wild-eyed civilian is more dangerous than an older sniper with bifocals anyday.

Tue, 02/14/2012 - 18:52 | Link to Comment HungrySeagull
HungrySeagull's picture

I wear bifocals and shoot well enough thank you.

I will never ever think of picking a rifle because I cannot see through those irons for shit. But come closer my pretty....

Tue, 02/14/2012 - 16:59 | Link to Comment linrom
linrom's picture

Fucking Wall Street  propaganda. This is yet another example of how this 'FAT FUCK' thinks. This is what he said of OWS movement as compared to Tea Party: " Tea Party people have showers and don't live in a tent."

Tue, 02/14/2012 - 17:00 | Link to Comment yogibear
yogibear's picture

I heard of people from Asia and arrived here which figured out how to game the system. Their collecting a lot of money, free health care and food (food stamps). It's votes for those in Washington. Getting votes and making promises is all those in Washington care about.

Tue, 02/14/2012 - 17:05 | Link to Comment uno
uno's picture

that happened in Maine around 12 years ago, small towns up there had a safety net to take care of their own (mostly loggers).  It was individual towns contributing, then many Somali's from Atlanta (probably all over) found out they could move up there and leech the money.  Many moved there and went from town to small town and sucked it dry.  Never a word in the MSM, I heard it on a local radio station in Atlanta back then.

Tue, 02/14/2012 - 17:06 | Link to Comment HungrySeagull
HungrySeagull's picture

They will game the system too.

In fact they can come here from Asia go into a neighborhood business that caters to their National Origin and Race and literally discover a entire underground network of everything resource.

Worthy of the Underground Railroad in the Civil War days.

Tue, 02/14/2012 - 17:01 | Link to Comment Piranhanoia
Piranhanoia's picture

We should remember that one or two of the bailouts paid for every disabled person in our country for the rest of their lives,  but they won't see any benefit.

one or two paid for the infrastructure, another the schools, another the food.

Tue, 02/14/2012 - 17:04 | Link to Comment sgt_doom
sgt_doom's picture

Old Art Cashin may wish to peruse (and that means closely read) Ellen E. Schultz's Retirement Heist.

http://www.npr.org/2011/09/29/140344871/retirement-heist-how-firms-trimmed-pensions

 

Tue, 02/14/2012 - 17:32 | Link to Comment yabyum
yabyum's picture

Is being a dirtbag a disability? More and more people I see in the ED are making a application for ssi. These folks are too useless to get and keep work, as they say "To lazy to work, to nervous to steal"

Tue, 02/14/2012 - 17:34 | Link to Comment chistletoe
chistletoe's picture

There's at least one woman in my neighborhood who believes that she can get on disability by getting her weight over 300 ... and she is working on it assiduously ....

Tue, 02/14/2012 - 18:54 | Link to Comment HungrySeagull
HungrySeagull's picture

She is going to be taking her self a express train to a special hell for the obese.

Especially when the collaspe comes and the fit ones flee leaving your "Game system fattie" for the plucking."

Tue, 02/14/2012 - 17:37 | Link to Comment ptoemmes
ptoemmes's picture

Would Zero Hedge Affliction Syndrome qualify?

Tue, 02/14/2012 - 17:44 | Link to Comment SilverFocker
SilverFocker's picture

This is all a big game.......if old Art was so into it, he would be talking about the biggest scam of all...MEDICARE. Why the fuck should Medicare automatically become Primary at 65 if the retiree has another insurance.......WTF, why does the taxpayer or the system bear the brunt just because you turned 65.

Most retiring now have carry-over from another insurance, yet Medicare takes the lead and the insurance company get a bye, even though there premiums are 4-5x the cost of Medicare and the cover squat.

How many Trillions has this leaching cost the system? You wanna talk about Scams, talk about the real scam or STFU. No one wants to get to the real core of the problem, It's just to fukin easy.

Tue, 02/14/2012 - 17:45 | Link to Comment Dermasolarapate...
Dermasolarapaterraphatrima's picture

My neighbor is luxuriating with his high yield, 0.09% savings account....

 

Tue, 02/14/2012 - 17:51 | Link to Comment object_orient
object_orient's picture

This is just how arbitrage is done by the lower classes. Stock traders can profit from price disparity and keep the market honest and efficient (in theory). The unemployed (and entrepreneurial lawyers) can navigate the government bureaucracy and exploit the gaps in laws, enforcement and the courts, prompting reform and better laws (in theory).

Tue, 02/14/2012 - 18:11 | Link to Comment Miles Kendig
Miles Kendig's picture

When the well runs dry those that can't live without their Adderall and Xanax (or just too damn fat to walk across a parking lot) come a runnin' to uncle sugar.  The standard should be a tall order to meet.  All too often those that do meet the standard are rejected for not greasing the proper parasites in the process while many of those that play the various stake holders in the system get benefits they never should.  Reminds me of the process of getting a bank holding license during a financial melt down.  Anyway, the standards that are supposed to apply to all with impartiality..

http://www.socialsecurity-disability.org/content/do-you-qualify

It's a legal profession, crooked or easily manipulated doctor, pharma, elected official, Wal-Mart and, yes, TBTF (all those billions in guaranteed direct deposits do count) stimulus for many which makes for a perfect circle jerk of co-dependency at the debt fueled trough.

Tue, 02/14/2012 - 18:03 | Link to Comment Eagle1
Eagle1's picture

Arthur, Arthur, Arthur...you should pay better attention in class!

The general rule with good and well is that well is an adverb and good is an adjective. What this means is that well modifies verbs, adjectives and other adverbs and good modifies nouns.

Unfortunately, there are exceptions to this rule just to keep us on our toes. "Well" may be used when describing if something is proper, healthy or suitable. As in, "I am well (healthy) today."

 

Sister Beatrice

Tue, 02/14/2012 - 18:07 | Link to Comment mantrid
mantrid's picture

when post-communist countries in central/eastern Europe were undergoing transformation to modern Western crony capitalism, huge amount of jobless people in rural areas filed for disability payments. politicians turned a blind eye towards that...

it seems Western transformation from crony capitalism into 21st century communism takes the same route, just backwards, both in terms of time and space.

Tue, 02/14/2012 - 18:14 | Link to Comment GCT
GCT's picture

Depending on your income level after your unemployment runs out you can qualify for welfare for two years.  I would love to see those stats these days.  Alot of folks get their children on disability using asthma as the problem.

Welfare also depends on how much in assets you have as well.  Know quite a bit of people where I work that are on welfare seeing how I contract for HUD from time to time.  It is amazing some will actually tell you they draw a crazy check and are permanently disabled!

Tue, 02/14/2012 - 18:55 | Link to Comment HungrySeagull
HungrySeagull's picture

Me too. I thought welfare was stomped out completely during the Reagen Administration.

Welfare has become a word for something that does not exist in the way I understand it...

or does it?

Tue, 02/14/2012 - 18:30 | Link to Comment FreeNewEnergy
FreeNewEnergy's picture

Yeah, disability is the way to ho (nice Freudian slip of the fingers there). I have a tenant who had a stroke (age about 35, but a big fat ass, some say she faked it) and now gets about $850 a month from SSI. Plus, her deadbeat sister lives there and gets $300 a month for rent.

Should I give a shit? Probably, but since the rent keeps getting paid on time, I don't.

The whole country's a fucking disaster, everybody for themselves, Oh, and fuk the government, they're the biggest thieves out there.

Tue, 02/14/2012 - 18:57 | Link to Comment HungrySeagull
HungrySeagull's picture

The Neuro docs are well aware of who is faking and who is not. Strokes are a very bad thing to have.

If I lost a use of a limb through a stroke, cut it off and give me a chance at one of those artificial limbs given to the war wounded so I can at least function.

Wed, 02/15/2012 - 00:16 | Link to Comment smiler03
smiler03's picture

Just so long as you stop smirking ;O)

Wed, 02/15/2012 - 03:20 | Link to Comment HungrySeagull
HungrySeagull's picture

No smirking, dead serious.

There are so many here who can benefit from making a choice. And some are too stubborn and incur staggering costs per day because the Law says the Hospital must keep them alive at any cost.

When you consider the amount in the millions written off because people are saved and cannot afford to pay... it's quite generous.

What makes me angry is I can learn what it takes to change a bad part in a car and make it happen, and yet it is a state secret in the Billing dept until after the fact.

One of those butterflies they use to establish a line so that they dont stick you over and over again is 45 dollars. YOU pay for it. Not them.

Sometimes I am half tempted to let em keep the stuff and stick me over and over again.

Wed, 02/15/2012 - 00:51 | Link to Comment Archon7
Archon7's picture

Yeah, but everyone who plays the game, so to speak, knows which doctors are "down for the struggle", and they all go there to get their meal tickets stamped.

Tue, 02/14/2012 - 19:20 | Link to Comment Lore
Lore's picture

It's no different in Canada - a vile bureaucratic empire.

Statistics are manipulated to serve political goals by reclassifying people (e.g., from "Employment Assistance" to "Persons With Disability").

The fur will really start to fly when funding dries up for the Victim Industrial Complex.

Tue, 02/14/2012 - 19:22 | Link to Comment Bagbalm
Bagbalm's picture

I'm on disability. I'm in pretty bad shape. Can't walk very far at all. A few hundred feet is hard. I have arthritis so bad I go down to the car and have to sit and wait to drive away because my eyes are tearing up from the pain. I can't use the Fentanyl patch because I am allergic to the adhesive. The docs are scared to death to give you a Rx for anything strong because the war on drugs will come down on them. Even at that I'd drive truck as I have in the past, but I can't get a CDL due to hearing loss. A one armed man can but not me. That means no job where I have to use the phone or take oral instructions. I can sit and do bench work - polishing and deburring and stuff, but in real life nobody I could find after looking three years would hire me for that sort of work. They all want somebody who can do whatever needs done. Nobody feels it is worth a good worker to have to write a brief note of instruction instead of just telling you what to do. One angry guy straight out told me he doesn't run a fucking sheltered workshop. Well he is helping support me now. I would work for lower wages to reflect my deminished ability, but no takers. Disability is cheaper than turning me out to starve. I'd turn to crime and I'm smart enough to do well at it. The cost of crime is always much more to society than the yield to the crook. It is inefficient.

Tue, 02/14/2012 - 23:16 | Link to Comment HungrySeagull
HungrySeagull's picture

They are already attaching a DOT Medical Card to ANY CDL in Interstate Commerce.

Even if you are pulled over driving a car near your home, your CDL will need to have that DOT Card attached to it. (Tier One Unrestricted)

By 2014 you will have either:

Valid DOT Medical Card every 6 months with Unrestricted USA 48 State etc etc CDL

Tier two restricted CDL Intrastate only no medical card.

I have been grandfathered in for years and now at 2014 I am facing the fact that I will lose my CDL and be done with it. The more I think about it, I don't feel so badly about it.

I don't mind making sure people have DOT medical with them, only that if I recall trucking companies they will send them to (Forgets big med outfit name...) and issue a medical test anyway.

I am already seeing tractors marked IntraState only.

If you are deaf, you should get SSI as well... a previous poster has indicated you can now get up to 1800 total from SS for both SSdi and SSI.

I don't know if it is true or not... But 1800 a month per disabled person per year... whew...

Wed, 02/15/2012 - 02:18 | Link to Comment JR
JR's picture

I hear you, Bagbalm; your claims and attitude are legitimate. It is but a small task for those of us in good health, who do not yet walk in your shoes, to lend a supportive hand in the name of true brotherhood.  Yours, by far, is the harder fate. God be with you and yours.

Tue, 02/14/2012 - 20:33 | Link to Comment navy62802
navy62802's picture

So when you're jobless and have no income, you actually do have an income. There is rarely a person in the United States who does not have money flowing in from some direction at my expense. It's cool. We can keep playing this game. I'll keep supporting myself and others because I have no choice. At some point, however, this will end. All of the people who have mooched off of me and others will suffer the most. Will I be saddened? Probably ... but not because of the people who mooched off of the workers. I'll be sad because everyone is going to suffer. Everyone is going to pay the price for electing politicians who promised the moon but couldn't deliver. Politicians who mortgaged our future with the intent to default.

Tue, 02/14/2012 - 21:33 | Link to Comment jekyll island
jekyll island's picture

Navy,

Could not agree with you more.  I used to get mad seeing the people with nonphysical disabilities (anxiety disorder, really?) getting SSI, but now I am sad.  Sad because they will be hurt the most and will have nowhere to turn when the spigot runs dry.  I am sad because people expect the government to take care of them.  Churches and NGO's used to do this altruistically, but now they have been neutered by the entitlement/vote axis and when the wheels fall off the gubmint there will be no infrastructure to fill the void because everyone has moved on to something else.  The pain everyone is going to feel is real.  Unfortunately the riots will be real as well.  

Wed, 02/15/2012 - 00:47 | Link to Comment Archon7
Archon7's picture

One of my wife's friends was recently upbraided with, "You have no idea what pain and sufferings people are enduring these days.  You're happily married, have a healthy family, have food to eat, have enough to pay the bills, and you just don't understand what it's like...."  This woman's an honest, plain-living Christian woman with a simple lifestyle and several children, and was devastated with guilt because of this reproach.  I was more than a little angry that someone who's living life right should be made to feel guilty as if others were suffering by her living right.  But this is what the strategy is - anything wholesome, good, or true needs to be torn down and replaced with something broken and parasitic, something or someone that's been "victimized".  I would have advised her that she has nothing to be ashamed of for having children in wedlock, living simply within her means, and just living right.  I'm tired of the good guys being blamed for the ills of society.

Tue, 02/14/2012 - 22:17 | Link to Comment Billy Shears
Billy Shears's picture

Hey, Tyler how about calling the venerable Art Cashin "Mart Crashin," sounds catchy don't ya think?

Tue, 02/14/2012 - 22:29 | Link to Comment dolph9
dolph9's picture

I work for a federal contractor that runs a VA clinic.  So I'm knee deep in this stuff in more ways than one.  I'm guilty but I need the fiat.

For now it beats working in the private medical world, where they work you like a dog to take care of barely walking train wrecks, and then blame you when they eventually die, as all humans do, and come up with all sorts of hairbrained schemes to try to "improve care."  Happens in the VA too but there are ways around it, and everybody games the system.

Tue, 02/14/2012 - 23:20 | Link to Comment HungrySeagull
HungrySeagull's picture

I only go to my Family doctor if I have something for him to FIX THAT DAY... otherwise I stay the fuck home.

The VA is doing well in my area but are seeing close to 600 vets a day instead of 150 prior to 9-11 and it's wars.

Tue, 02/14/2012 - 22:32 | Link to Comment Dead Canary
Dead Canary's picture

I'm a computer programmer who went on disability. I have a bad heart, but I would have kept working if I could have found a job.

Wed, 02/15/2012 - 00:45 | Link to Comment Alpha Monkey
Alpha Monkey's picture

The experts are saying you just didn't try hard enough.  Have your wife send your resume to O-BOMB-A and maybe you too can get presidential assistance in finding one of those bountiful high tech jobs awaiting every Amerikan.

Tue, 02/14/2012 - 23:07 | Link to Comment Rastadamus
Rastadamus's picture

Disability = Reparations.

No wonder I support it.

Got gold?

Wed, 02/15/2012 - 01:04 | Link to Comment Archon7
Archon7's picture

I know a guy who retired at 50 from the federal government after working for only 12 years.  They wanted to get rid of him, and didn't want to do it the usual way, by promotion, so he negotiated a deal.  Since he was too young to "officially" receive his pension, or whatever they call it for federal employees, they had a federal doctor declare him permanently disabled so he could collect disability until he's old enough to get a pension.  So, it's a win-win, and everyone goes home happy, right?  50-yo gets his early retirement, the bureau gets rid of someone they don't want, and the sun rises and the birds sing the next morning...

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