Format :
Retail CD (In Stock)
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1 Format: Retail CD
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$29.95
ISBN: 9781602834385
| Category: | Nonfiction/Business & Economics |
| Audience: | Adult |
| Language: | English |
Summary
Summary
In While America Aged, bestselling author Roger Lowenstein explains how corporations and governments ran up ruinous pension and health-care promises to workers—promises that are now coming due and that will hit America like a tsunami if nothing is done. Negotiating high benefits means gambling with future finances—and when the farm gets sold out from underneath major corporations or public institutions, it affects all of us, and in ways we might not imagine. With his trademark narrative panache, Lowenstein unravels the truth about how pensions work in America and illuminates the impending crisis.Editorial Reviews
Editorial Reviews
“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.” —Washington Post
“A refreshing perspective…The book gives the reader lively stories and historical insight.” —Publishers Weekly, starred review
“Michael
McConnohie delivers a historical examination of Social Security and
corporate pensions in a strong, straightforward manner…[and a] resonant, authoritative tone…The natural pace of his narration moves forward the three case studies.” —AudioFile
“Lowenstein goes into great detail establishing the history and politics
that went into the creation of these pension systems and further
expounds on how their mismanagement brought down the whole system. Many
businesses and governments will soon need to face up to the facts of
their pension obligations and make some tough choices.”
—Booklist
Details
Details
| Available Formats : | Retail CD |
| Category: | Nonfiction/Business & Economics |
| Audience: | Adult |
| Language: | English |
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