This website uses cookies to give you the best, most relevant experience. By using our website, you consent to all cookies in accordance with our Privacy Policy. accept

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

Author:
Binding: Softcover
List Price: $21.99
Our Price: $3.90 CAD
Qty Avail: 10


ISBN: 9780143115380
Publisher: Penguin Books
Language: English
Page Count: 274
Publication Date: 4/28/2009
Size: 8.43" l x 5.47" w x 0.64"
Series: N/A

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.

You May Also Like