• While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis See large image

    While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis (Paperback) By (author) Roger Lowenstein

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    DescriptionThe 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.


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  • Full bibliographic data for While America Aged

    Title
    While America Aged
    Subtitle
    How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis
    Authors and contributors
    By (author) Roger Lowenstein
    Physical properties
    Format: Paperback
    Number of pages: 274
    Width: 138 mm
    Height: 210 mm
    Thickness: 20 mm
    Weight: 240 g
    Language
    English
    ISBN
    ISBN 13: 9780143115380
    ISBN 10: 0143115383
    Classifications

    B&T Merchandise Category: GEN
    B&T Book Type: NF
    BIC E4L: ADV
    B&T Modifier: Region of Publication: 01
    Nielsen BookScan Product Class 3: T17.3
    B&T Modifier: Academic Level: 05
    B&T Modifier: Subject Development: 10
    BIC subject category V2: KFF, VSB
    B&T General Subject: 180
    B&T Modifier: Geographic Designator: 01
    BIC subject category V2: VSR
    BISAC V2.8: BUS027000
    Warengruppen-Systematik des deutschen Buchhandels: 27840
    LC subject heading:
    Ingram Subject Code: BC
    Libri: I-BC
    B&T Approval Code: F48300000, A48403650
    BISAC V2.8: BUS050040
    DC21: 331.25240973
    LC subject heading: , , ,
    DC22: 331.25/240973
    LC subject heading:
    DC22: 331.25240973
    LC classification: HD7125 .L68 2009
    Publisher
    Penguin Group USA, Inc
    Imprint name
    Penguin Books
    Publication date
    28 April 2009
    Publication City/Country
    New York, NY
    Review quote
    " Financial journalist Roger Lowenstein uses the stories of three deeply encumbered institutions . . . as examples not only of the way most individual Americans conduct their personal finances, but also of how the country as a whole has long lived beyond its means. . . . Gripping." -Phillip Longman, "The Washington Post"