Is our future Vallejo, CA?

One (or at least me) does wonder if any one (read politicians) pays attention to these problems. I imagine not, because of the short term thinking of politicians in a democracy. Eventually, we'll have to deal with these type of things, in some way. People talk about the public debt being large (something like $4B, or $20,000 per person), but they choose to ignore Medicare and Social Security (combined in the neighborhood of $30 - $40 B of unfunded liability). Well, some people do.