Earlier this month, President Barack Obama sat down with world leaders at the G8 summit and bragged about his track record of supposed good governance — how he has worked to “bring down our deficits and debt over the longer term” and made “room to take a balanced approach to reducing our deficit and debt.” There are plenty of ways to shoot holes in the president’s pronouncement, but there is one glaring example of where he has come up far short — failing to address America’s growing Medicare crisis.