I can not say this any better than what was put in the Opinion section of the Colorado Springs Business Journal by Raymond J Keating, chief economist for the small business & entrepreneurship Council.He says it best so I will quote a bit of his opinion page:
The economic and political Medicare mess
The projected cost this year for medicare is $494 billion
I thought it was interesting that in the article Mr. Keating allows us more understanding as to how this all works as far as the cuts are concerned. We see it from the insurance side and from our family side if we have parents that are 65 and have to learn to get through the whole medicare mess. We see the scary maze of paperwork and the pain our family goes through just trying to navigate through this mess.
But as Keating says,and I quote:
A big problem with these polls (Rasmussen Reports survey of likely voters), is how spending "cuts" is defined. In the real world, people view "cuts" as spending less than before. In the political world, "cuts" means spending more than today, but less than what was projected for the future. No one, including Ryan (House Budget Committee Chairman Paul Ryan), is talking about real-world cuts.
The economics are clear. there's no getting around the fact that if the U.S. is serious about getting federal spending under control, then reforming Medicare has to be in the mix.
End of quote............
I was very happy with Mr. Keatings whole take on the medicare issue and we are on the same page which was refreshing.
In the end it still lets me see that congress has lost touch with reality, I see things now as I thought they we're, A BIG MESS. Can we all get on the same page, please....