Let me see if I have this right, recently the Trustees reported that Social Security is in worse shape than projected last year and Medicare is no better with its costs escalating as well. Some on the left are still in denial about the shape of Social Security, perhaps that is why in 2011 and 2012 Congress saw fit to cut the Social Security payroll tax thereby increasing the federal debt and creating the impression there is no connection between what we pay and what we get. In addition, the Medicare Part B deductible was lowered in 2012 and the premium very modestly increased. We have a real problem … Gutless politicians and Americans who prefer to pay their AARP dues rather than face reality. Does anyone in Washington get it? Is this anyway to run a company, oh I forgot this isn’t a company, it’s the government. Medicare and Social Security update.
We can’t control what others do and we can’t stop misfortune from striking. But we can control our own actions. Those who are financially prudent will most likely enjoy success, even if events don’t always go their way.
QUINNSCOMMENTARY 
Sadly that is so true. And the longer we wait the more painful it will be.
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Your message summarizes what Senator Tom Coburn said last night on the Charlie Rose tv program. It was another sobering message about the state of our national economic problems, the most serious being Medicare and Social Security. Senator Coburn was fairly pessimistic. He quoted an economist who he spoke with recently to the effect that the politicians in Washington will only addres the problem when not addressing it would be worse than ignoring it. But by then, it may be too late
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