Tributes are pouring in from around the globe on news that Nelson Mandela, the man who led South Africa out of apartheid, has died. He was 95 and had been ill for a long time. His death marks the passing of an era and President Obama spoke a short time after hearing the news. President Obama held Mandela up as an inspiration to his own leadership.
Originally published on Thu December 5, 2013 5:56 pm
There are many examples of triumphant liberation leaders and successful political leaders, but it's rare to find someone who has managed the transition from one to the other.
George Washington did it in the 18th century. Mustafa Kemal Ataturk of Turkey did it after World War I. And Nelson Mandelaalso belongs to this exclusive club.
"It is hard enough to find someone courageous enough to lead a revolution, rarer still for them to have remarkable leadership skills," says Jack Goldstone, director of the Center for Global Policy at George Mason University.
For the past three years, there's been a shortfall in the payroll taxes collected for Social Security. And as more baby boomers join the ranks of the 57 million people already receiving benefits, that deficit is bound to keep growing.
At the same time, the overall share of wages being taxed for Social Security is shrinking as the higher wages that are exempt have soared. The Social Security Board of Trustees predicts a nearly $3 trillion trust fund built up over decades will vanish within 20 years.