While America Aged

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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
    By: Roger Lowenstein
    Publisher:
    Penguin Books (P-US)
    Print ISBN: 9781594201677, 1594201676
    eText ISBN: 9781440639401, 144063940X
    Copyright year: 2008
    Format: EPUB
    Available from $ 7.99 USD
    SKU 9781440639401
    For Sale in US* Only
    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.
    Additional ISBNs
    9780143115380, 0143115383
     

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