@JPB,
We kind of have to accept some of the guilt, because we elected our representatives to our government, and they failed big time in taking care of business. We knew about this underfunded mandate several decades ago, but all our government did was kick the can further ahead to now when our economy has been suffering for 4-5 years.
We now have a situation where the conservatives want to cut costs without increasing taxes, and the liberals want to maintain the social benefits for everybody without funding it. Obama kicked the can further down the road by cutting social security taxes, because he couldn't get the conservatives to make any agreements on how to tackle the unemployed citizen's benefits and not increase taxes.
This stalemate is going to destroy this country sooner or later. All levels of government are now cutting spending - our infrastructure, education, and our police and firefighters while we continue to fight wars and defend other countries that continues to eat away at our treasure and economy.
When our elected officials can't fix the problem, we're all doomed.