Problems with the Economy

There are many serious problems not being addressed today in the U.S. economy, namely under-funded private pensions, the social security puzzle, tax problems facing current workers as baby boomers begin receiving social security and Medicare payments, and the federal budget and current account deficits. The administration at best simply provides versions of the final (positive) financial results its programs will provide. Not one administration official or government representative to my knowledge has come forward with a real proposal in any of these areas and supplied an even rudimentary financial statement providing the basis for these claims. The response, when attempted, is simply "this will decrease the shortfall/deficit in the (fill in any program you wish) by 70 billion dollars". This is because they haven't a clue how to resolve any of them. The tremendous problems for the economy and the value of the dollar will be upon us soon and, if we are not prepared, will result in the rapid impoverishment of the American taxpayer and a drastic reduction in the public's standard of living. The public, and especially the newest members of the workforce who will be the biggest "victims" of a failure of this sort, deserve better than this.