The last time the Social Security program ran a “net cash
flow” surplus was in fiscal 2009. In that year, Social Security’s revenues
exceeded its benefit and overhead payments by $19.358 billion. In fiscal 2010,
Social Security ran a $36.8 billion deficit; and, in fiscal 2011, it ran a
$47.975 deficit.
The overall number of Social Security program
beneficiaries—including retired workers, dependent family members and survivors
and disabled workers and their dependent family members—also hit a record in
December, climbing from 56,658,978 in November to 56,758,185 in December.
In 2011, according to the Bureau of Labor Statistics, there
was an average of 112.556 million full-time workers in the United States, of
whom 17.806 million worked full-time for local, state or federal government.
That left an average of only 94.750 million full-time private sector workers in
the country.
That means that for every 1.67
Americans who worked full-time in the private sector in 2011, there is now 1
person collecting benefits from the Social Security administration. CNS News.
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