Long-Term Solutions for Social Security Disability in North Carolina and Elsewhere

January 12, 2012, by Michael A. DeMayo

Pundits, economists, politicians, and prognosticators of every stripe have concluded that social security disability in North Carolina and elsewhere is on the fast track to fiscal disaster. Various forecasts suggest, for instance, that the program could be out of money in just a few years. Even the most rosy-eyed projections conclude that social security disability in North Carolina is in for some hard times.

As we covered earlier on this blog, the reasons for the stresses in the Social Security Disability (SSD) and Supplemental Security Income (SSI) systems are manifold. They might include:

•    The surge of retirees as the baby boomer generation stops working;
•    The increased life expectancy of elderly Americans;
•    The expensive costs of end-of-life care;
•    The poor dietary and exercise habits of Americans;
•    Inept management of government programs;
•    Inadequate producer base – not enough people are working to supply money for the system;
•    The general breakdown of the world financial system.

Clearly, the system is strained. But are we making a mountain out of a mole hill? Is it possible that some “white knight” will save our disability systems from these rampaging problems? If so, what might these solutions be, and when will they come?

Here are some possibilities:

•    A surprising economic turnaround both globally and domestically generates a big payday for the social security disability coffers, blunting the negative effects;
•    A sudden and massive positive change in the American diet/exercise regimen turns the tide on the diabetes and obesity epidemics and relieves significant strain on the healthcare system;
•    A political comprise is worked out to ratchet up certain restrictions on the program to make sure that only people who really need the money can get the money;
•    Policymakers discover ways to radically save money on other programs (e.g. domestic energy, military spending, etc.) and the excess money goes to the SSD system;
•    A Manhattan Project-like taskforce convenes to solve the social security crisis in America and comes up with other powerful solutions that differ and defray costs beyond what the doomsdayers have deemed possible.

For help with your personal benefit situation, connect with an experienced and deeply knowledgeable social security disability in North Carolina law firm.

More Web Resources:

Can Anything Save Social Security?

Doomsday Predictions Are Often Wrong

 
 

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