• 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 (CD-Audio) By (author) Roger Lowenstein, Narrator Michael McConnohie

    Currently unavailable

    We can notify you when this item is back in stock

    | Add to wishlist

    OR try AbeBooks who may have this title (opens in new window).

    Try AbeBooks
    Also available in...
    Paperback $12.29

    DescriptionWith his trademark narrative panache, Lowenstein unravels the truth about how pensions work in America and illuminates the impending crisis. While America Aged is comprised of three fascinating case studies. The first goes back to the early days of the United Auto Workers and its crusading leader, Walter Reuther, to tell the story of how pensions and healthcare obligations destroyed the American auto industry. Lowenstein then shifts the scene to New York City to tell the story of the rise of public pensions and public-sector unions. Once again, justifiable benefits were followed by outrageous ones--and the saga reached a dramatic climax in 2005, when workers responded to proposed pension cutbacks with a massive strike that brought New York's subways and buses to a screeching halt. In the concluding episode, Lowenstein visits a metropolis even more reckless in doling out benefits--San Diego. Desperate not to impose higher taxes, city officials in this highly conservative enclave cut a series of deals with unions to short-change the retirement system and use pension funds to run the city. A massive scandal ensued--two mayors resigned, officials were indicted, and San Diego lost its bond rating. Lowenstein warns that the pension wars that erupted in Detroit, New York City, and San Diego are only the first. But he also recognizes that workers are entitled to decent security in their retirement--a critical problem as the country ages. Arming readers with knowledge of the consequences of doing nothing, While America Aged is, first and foremost, a call to action.


Other books

Other people who viewed this bought | Other books in this category
Showing items 1 to 10 of 10

 

Reviews | Bibliographic data
  • 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, Narrator Michael McConnohie
    Physical properties
    Format: CD-Audio
    Width: 132 mm
    Height: 151 mm
    Thickness: 22 mm
    Weight: 245 g
    Language
    English
    ISBN
    ISBN 13: 9781602834385
    ISBN 10: 1602834385
    Classifications

    B&T Book Type: NF
    BIC E4L: FIN
    B&T Merchandise Category: AUD
    Nielsen BookScan Product Class 3: S4.9
    BIC subject category V2: KFF, VSB
    B&T General Subject: 180
    BIC subject category V2: VSR
    BISAC V2.8: BUS022000, BUS027000
    Ingram Subject Code: JB
    Libri: I-JB
    Warengruppen-Systematik des deutschen Buchhandels: 57840
    BISAC V2.8: BUS050040
    DC21: 331.25240973
    LC subject heading: ,
    DC22: 331.25/240973
    LC subject heading:
    LC classification: HD7125 .L68 2008B
    DC22: 331.25240973
    Edition
    Unabridged
    Edition statement
    Unabridged
    Publisher
    BBC AUDIOBOOKS
    Imprint name
    BBC AUDIOBOOKS
    Publication date
    01 June 2008