Next year, in order to supply nearly 50 million retired and disabled people and their survivors with a monthly benefit check, which by itself will not be sufficient support for these 50 million people, the Social Security Administration will spend 657.3 billion dollars. $585 billion will be sent to the retired and disabled at a per capita average of $11,890 per year (wooee), and the remaining 72.3 billion will be spent on the management of the SSA itself with its 62,000 employees.

That’s right. 62,000 employees and operations & payroll costs of 72.3 billion dollars. (In case you were wondering, that breaks out to about 1.166 million dollars per employee that they either spend or pay themselves with.) And all that for a forced-participation retirement plan that pays less than the national minimum wage to a group of people with the highest cost of living.