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The Absence of Political Leadership
In their acceptance speeches at the respective political party conventions in 2016, the problem of unfunded liabilities for social welfare programs, primarily Social Security and Medicare, was not mentioned by either of the candidates for the office of President of the United States. Other than avoiding war and defending against terrorism, there is no bigger issue and problem for the American people. Where is the leadership? Why will neither of the two nominees for election as President say anything about the unfunded liabilities of the United States for social welfare programs? Social Security and Medicare are essentially programs that benefit middle class people who have reached retirement age. Generally, they fail to provide a safety net for the poorest of the poor, who are destitute or even homeless. There likely would be near universal agreement in America that Any overhaul of social welfare programs to make them sustainable over the long run should also include provisions to