Social Security Disability is Big Business in North Carolina

July 3, 2012, by Michael A. DeMayo

According to official tallies, over 310,000 people received Social Security Disability in North Carolina last year.

All told, the Federal Government’s Social Security system pumped in over $22 billion into our economy and provided over 50% of the income to all North Carolinians aged 65 and older. Recent Census Bureau figures found that 8,733,461 workers collected (or will collect) federal disability in June – nearly 500,000 more people than the total population of New York City, the biggest city in the US, which boasted only 8,244,910 residents, according to last year’s Census Bureau estimates.

With so many people getting benefits — and so many more in desperate need of North Carolina Social Security Disability benefits – it’s understandable why the policy debate over entitlement reform often gets so fierce and emotional.

There is a lot at stake for a lot of people!

Unfortunately, the debate is incredibly complicated, and the economic theories that underlie the Social Security Disability program are at once sophisticated and by no means settled. In other words, the theories about why SSD and Supplemental Security Income works — and what can be done to improve the system and make it more fair — are still theories, susceptible to disproof.

What does this all means for you?

You are sick or injured – and suddenly facing massive financial pressures as well as a scary and vexing medical prognosis. You are almost certainly operating in something of a vacuum. And you almost certainly will end up relying on the judgments of others who have either studied the system directly or studied it indirectly by studying those who study it. (That’s a mouthful!)

The bottom line is that you’re dealing with major uncertainties in many aspects of your life, health, and beyond. To the degree that you can find reliable, trustworthy resources may be the degree to which you ultimately succeed.

The team here at the Law Offices of Michael A. DeMayo can help you untangle some of the chaos and explain your rights and responsibilities in clear, easy to understand language, so that you make informed, empowered decisions and regain control over your destiny.

 
 

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