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While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis (Paperback)
$11.64 - Save $4.36 27% off - RRP $16.00 Free shipping worldwide (to United States and
all these other countries) Usually dispatched within 48 hours | |Short Description for While America AgedFrom the bestselling author of "Buffett" and "Origins of the Crash" comes a wake-up call to the pension and retirement crisis facing America and the road map for a way out.
Full description- Publisher: Penguin Books
- Published: 28 April 2009
- Format: Paperback 274 pages
- See: Full bibliographic data
- Categories: Finance | Personal Finance | Retirement
- ISBN 13: 9780143115380 ISBN 10: 0143115383
- Sales rank: 336,843
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Full description for While America Aged
The retirement crisis facing America-and the road map for a way out-from "The New York Times" bestselling author of "Origins of the Crash" In the last several decades, corporations and local governments made ruinous pension and healthcare promises to American workers. With these now coming due, they threaten to destroy twenty-first- century America's hopes for a comfortable retirement. With his trademark narrative panache, bestselling author Roger Lowenstein analyzes three fascinating case studies-General Motors, the New York City subway system, and the city of San Diego-each an object lesson and a compelling historical saga that illuminates how the pension crisis developed. Cumulative retirement deficits are approaching $1 trillion, and Lowenstein warns that these are only the first. Retirement pensions will continue to be a critical issue as the country ages, and While America Aged is the urgent call to action and prescription for reform.
