Our friend Jimmy P. over at U.S. News & World Report hits the nail on the proverbial head when discussing Social Security and Medicare:
My take: These numbers show two things to me. First, they again reveal the inability of the U.S. government and voters to make tough fiscal choices. Just limiting initial Social Security payment increases to inflation rather than to wage growth would solve the program’s problem. But we can’t even seem to do that, much less deal with healthcare, which is far more complex.
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