Before I write today’s column, there are two important and seemingly unrelated observations I must make. No. 1: Regular readers of this column know that I don’t like to write about Medicare. Why? Because I’m a Social Security expert, but not much of a Medicare expert. No. 2: It seems like there are a lot
A government is an organization with a monopoly on violence in a given region. It has the power to make people behave as it wants them to act. The tea party movement was motivated to push back against the expansive power of government to squander taxpayer money and to tax citizens into poverty. For example,
In mid-October every year, the Bureau of Labor Statistics releases its much-anticipated report on changes (usually increases) to the Consumer Price Index over the past 12 months. Why is this little, esoteric government report — actually called the Consumer Price Index for Urban Wage Earners and Clerical Workers — so popular? Because for the past
I just got my annual Medicare guidebook called “Medicare and You 2024” in the mail. I’m assuming this booklet is mailed to everyone in the country who is on Medicare. So, if you are on Medicare, I’m sure you got one too. Regular readers of this column know that I’ve pointed out a thousand times
The Biden administration targeted 10 prescription drugs Tuesday as part of the first-ever Medicare price negotiation, a move that it said could benefit 9 million beneficiaries – including 165,000 in Arizona. The medications, which are used to treat heart failure, blood clots, diabetes, arthritis, Crohn’s disease and more, account for the highest spending for drugs in
Social Security is toast. So is Medicare. Too many of us old people live longer, so there are not enough working people to support us. Soon both Social Security and Medicare will be broke. Our politicians don’t have the guts to do anything about it. Or even talk about it. It’s easy to see why.