In June, more workers went on disability than got jobs. What does that mean to you? Well, the likelihood that Social Security will be bankrupt in the very near future. Also, there isn't as much money circulating because being on disability means they aren't spending money on "luxury" items, such as automobiles, clothing, shoes, eating out, CDs or DVDs, etc. There also isn't as much money going back into Social Security, State and Federal income taxes, and if these people lost their homes because of their decrease in income, that means less property taxes, and a glut of houses which affects neighbors, banks, realtors, cities, and counties. With fewer people in the workforce and fewer dollars being pumped into the economy, Mr. or Ms. CEO will probably stop getting those multi-million dollar bonuses they've become accustomed to.
What the politicians aren't saying is that all of this - the lousy economy, the lack of jobs or lack of good-paying jobs, the increase of workers getting food stamps or going on disability - is all connected and is affecting EVERYTHING. Whether workers aren't getting hired because of a lack of jobs, or more likely, ridiculous and discriminatory interviewing and/or hiring practices, it's now reaching crisis mode.
I realize that the economy and debt crisis is not necessarily completely the fault of companies' laying off workers or not hiring qualified workers because they didn't answer a question "correctly" or they wore too big of a diamond ring to the interview, but this is not just a fun little HR game anymore, it's a country-wide problem that could have long-term effects on our country and even the world.
