A major task of leadership is to educate and inform the public and, if necessary, align public support behind policy choices. However, the kind of transformational leaders who have that capacity are rare. FDR, JFK, Reagan were some examples. Most political leaders might have some but not all of the attributes of transformational leaders. Hence, they can make good managers, a role that is valuable during periods of stability and prosperity. But sometimes rapid change or some other turmoil requires a transformational leader. My guess is that such leadership will be required if the nation is to embark on a credible course of fiscal consolidation.