Demographic Time Bomb in Pictures and Dollar Amounts; Ratio of Social Security Beneficiaries to Private Employment Now Exceeds 50%

Great visual analysis by Mish Shedlock regarding the Social Security issues that we are facing.  Growing benefit payments supported by fewer works is not a winning combination.

From Mish's full post here

Quick Stats

• As of 2012-06 the civilian labor force was 155,163,000
• As of 2012-06 there were 111,145,000 in the private workforce
• As of 2012-06 there were 56,174,538 collecting some form of SS or disability benefit
• Ratio of SS beneficiaries to private employment just passed the 50% mark (50.54%)