Should Medicare be Means-Tested?

A few weeks ago the Minnesota-based Center for the American Experiment published a symposium of views from various think tankers and economists on the topic “Should Medicare be Means Tested?”
Perhaps not surprisingly, I said “quite simply, yes.” After all, it seems unfair from my perspective for middle and lower income Americans to pay for wealthy recipients of a federal entitlement program.
The fact is, despite legitimate differences of opinion among such free market and conservative luminaries as Grover Norquist of Americans for Tax Reform, John Berthoud of the National Taxpayers Union, and Congressman Tim Penny, something needs to be done to reform entitlements and soon.