Sometimes you read a story that reminds you of just how differently government workers see the world than the rest of us. There are things that can only make sense when viewed through the prism of a government bureaucracy. Here is one of those.
Is This Catch 22 Or Something Worse?
A new report suggests that the Social Security disability trust fund is doing better because . . . the wait to get Social Security disability claims approved is so long. Yes, you read that correctly. Social Security has derived a method to get back to solvency by failing to provide services in a timely manner. With this sort of motivation, the sky is the limit for what Social Security can do. I wonder if they have considered using this for retirement payments as well? If it works for disability, why not?
Why Not Stop All Benefit Payments?
If Social Security just stopped paying any benefits, think of how much money they would save and how efficiently the agency would operate. It’s a wonder no one thought of this sooner.
Don’t Try This At Home
I can’t recommend you try this in the real world. I think the bank is going to want your mortgage payment no matter how much you explain to them how much money they are saving if you don’t pay.
I cannot wait to see the next innovation from our fine government agencies. If you can top this one, let me know.