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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
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 br 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 americas 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 . br
paperback penguin books 2009 isbn13 9780143115380 isbn10 0143115383
abridged n isbn 13 9780143115380 number in series 1 number of pages 274 publisher penguin group usa release date 62135769600000