Yesterday, in a post entitled We Are Takers, I noted The Wall Street Journal observed that the Social Security disability trust fund may run dry before Obama leaves office. Here is a Fox News article reporting the same grim facts, in more detail.
Let's be clear, it is the disability trust fund we're talking about here, not the fund from which Social Security (retirement) checks are paid. What is about to go belly up is the fund to support people who cannot work because they're disabled in some non-trivial way.
The number of such individuals has skyrocketed in the past four years. This leads to a suspicion that many are merely unemployed persons faking disability after unemployment eligibility runs out.
