Consider this: the US economy created 2.4 million jobs in the three years beginning in June 2009. In the same period, 3.3 million Americans were awarded disabled worker benefits. The percentage of working-age Americans collecting disability insurance has risen from below three percent in 1990 to six percent. Unemployment is being concealed – and rendered permanent – in ways all too familiar to Europeans. Able bodied people are classified as disabled and never work again.
In the years following June 2009, the U.S. saw a significant job creation of 2.4 million positions. However, during the same timeframe, 3.3 million Americans received disabled worker benefits. This shift raises concerns about the increasing reliance on disability insurance among the working-age population, which has jumped from under three percent in the early 1990s to around six percent today.
This trend suggests that actual unemployment statistics may be obscured, reflecting...
