Our founding fathers understood many of the pitfalls that will destroy a nation through a corrupt government. A representative republic is only as good as its elected officials. If the people vote immoral people into office, sell their vote for personal enrichment or re-elect career politicians whose purposes are personal power and greed, the nation will decay and collapse.
The latest redistribution scheme is disability. Unemployment runs out, no problem. Enter the ranks of the disabled. As pointed out in another post, disability combined with unemployment gives the United States a U8 unemployment figure of 25.62%.
Combine this figure with people receiving food stamps, welfare and workfare to understand that elections will only be won by those politicians supporting redistribution.
Submission to tyranny is slavery. How else would you classify a two tiered class system where one class supports the other class with no hope for reformation?
David DeGerolamo
Disability Trust Fund Ran Record $31.2B Deficit in 2012; In Deficit Every Year Under Obama
The federal Disability Insurance Trust Fund, which takes in money via a federal payroll tax and pays it out in disability benefits, ran a record $31.2 billion deficit in calendar year 2012, according to the Social Security Administration.
That means the trust fund has run a deficit in each of the first four years of the Obama presidency.
For fifteen straight years before Obama took office—from 1994 through 2008—the Disability Insurance Trust Fund ran a surplus. In 2007, for example, it ran an $11 billion surplus and in 2008 it ran an $889-million surplus.
In 2009, however, the Disability Insurance Trust Fund dipped into the red and has not returned to the black since then. In fact, each year since then the annual deficit has increased.
