Oct. 29, 2012
Its worse than you think. Read George Will on demographer Nick Eberstadts recent study on changes in how the government transfers wealth over the last 50 years, especially under the rubric of disability.
Here are a few of the eye-popping particulars:
- During most of FDRs 12 presidential years, income transfers were a third or less of federal spending. But between 1960 and 2010, entitlements exploded from 28 percent to 66 percent of federal spending.
- The growth of entitlement spending over the past half-century has been distinctly greater under Republican administrations than Democrat.
- The normalization of dependency helps explain the unprecedented exit from gainful work by adult men. Since 1948, male labor force participation has plummeted from 89 percent to 73 percent labor force participation ratios for men in the prime of life are lower in America than in Europe.
- One reason for this is the gaming (defrauding) of disability entitlements: In 1960, 455,000 workers were receiving disability payments; in 2011 that number was 8.6 million nearly half of the 8.6 million were disabled because of mood disorders or ailments of the musculoskeletal system and the connective tissue.
- In 1960, 134 Americans were engaged in gainful employment for every officially disabled worker; by December 2010 that number had dropped to just over 16.