Disability Insurance Must Be Restructured to Protect Vulnerable, Incentivize the Fit

Disability Insurance Must Be Restructured to Protect Vulnerable, Incentivize the Fit: "The current applications surge for Social Security Disability Insurance (SSDI) -- more than 6 million in both 2009 and 2010 -- will accelerate the exhaustion of the program's trust fund and force Congress to choose between two unpalatable options: increase SSDI payroll taxes or reduce benefit allowance rates, says Jagadeesh Gokhale, senior fellow at the Cato Institute.

If the particularly vulnerable population the SSDI is designed to serve is to be protected, while preserving incentives to work, the program has to be radically restructured. Professors David Autor of the Massachusetts Institute of Technology and Mark Duggan of the University of Maryland recently proposed a way of reforming SSDI."

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