[This piece has been published in Restoring America to highlight why entitlement reform is necessary.]
Unlike Social Security’s Old-Age and Survivors Insurance program for retirees, which has a highly predictable financial outlook, the financial well-being of Social Security’s Disability Insurance program varies widely from year to year. Drastic yearly swings in its projected solvency occur because the system hasn’t stuck to its mission of providing benefits for people who are physically or mentally unable to work. Instead, it has allowed many individuals to misuse it as both an unemployment and early-retirement program.
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