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Every day, roughly 10,000 baby boomers do the same thing: they retire. And when they retire, the first thing they generally do is apply for Social Security.
There are actually two parts to Social Security (OASDI).
The Old-Age and Survivors Insurance (OASI) program provides monthly benefits to retired workers, families of retired workers, and survivors of deceased workers. The Disability Insurance (DI) program provides monthly benefits to disabled workers and families of disabled workers.
According to the latest annual report by the Social Security Board of Trustees (“The 2018 Annual Report of the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds”), “Over the program’s 83-year history, it has collected roughly $20.9 trillion and paid out $18.0 trillion, leaving asset reserves of $2.9 trillion at the end of 2017 in its two trust funds.” In 2017, “51.5 million people received OASI benefits,” “10.4 million received DI benefits,” and “an estimated 174 million ...
“For soldiers serving in Afghanistan and Iraq, coming home is more lethal than being in combat.” ― Brené Brown, research professor at the University of Houston
Not all heroes wear the uniform of war.
In the United States, however, we take particular pride in recognizing as heroes those who have served in the military.
Yet while we honor our veterans with holidays, parades, discounts at retail stores and restaurants, and endless political rhetoric about their sacrifice and bravery, we do a pitiful job of respecting their freedoms and caring for their needs once out of uniform.
Despite the fact that the U.S. boasts more than 20 million veterans who have served in World War II through the present day, the plight of veterans today is America’s badge of shame, with large numbers of veterans impoverished, unemployed, traumatized mentally and physically, struggling with depression, suicide, and marital stress, homeless, subjected to sub-par treatment at clinics and hospitals, and left to molder ...