President Obama is in the midst of a so-called 'liberal pile on' (by that meaning his base taking him to task for a cruel, pointless and politically stupid manoever of releasing a budget proposal that incorporates a social security benefit cut) and rightly so. However while I agree completely with the reason for said pile on - Chained CPI is an unconscionable benefit cut to the most vulnerable people in the social security population - I think another part of his proposal, that to 'means test' medicare, that is, to limit the benefits medicare pays by income and financial assests, is even worse and is more pernicious in that it seems to reflect a lack of understanding how medicare works, as well as an undermining of the whole idea.
Come below as MichiganChet explains it all to you