While America Aged

<b>The retirement crisis facing America-and the road map for a way out-from <i>The New York Times</i> bestselling author of <i>Origins of the Crash</i></b> <p/> 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.