Born to Pay: The New Politics of Aging in America

Phillip Longman


Born to Pay: The New Politics of Aging in America

Born to Pay: The New Politics of Aging in America

  • Title: Born to Pay: The New Politics of Aging in America
  • Author: Phillip Longman
  • ISBN: 9780395383698
  • Page: 294
  • Format: Hardcover

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From Publishers WeeklyLongman here analyzes the American economy in terms of entitlement programs for the old Social Security, Medicare, etc , which are paid for by the young As the baby boom generation marches toward retirement, and as human longevity increases every year, it will be impossible to sustain current benefits, the author warns He poses related dilemmas WFrom Publishers WeeklyLongman here analyzes the American economy in terms of entitlement programs for the old Social Security, Medicare, etc , which are paid for by the young As the baby boom generation marches toward retirement, and as human longevity increases every year, it will be impossible to sustain current benefits, the author warns He poses related dilemmas Will a higher rate of personal savings fight inflation or bring on recession Is a Buy Now on credit outlook better than old time thrift morality Does immigration add capital or drain income Regardless of the answers, he notes, the pension tab awaits payment Although Longman seems to touch all bases, his assumptive certitudes about the future are potentially flawed, like Jefferson s agricultural millennium to every man a farm or the prophecies heard since World War II of another Great Depression Longman is a consultant to AGE, a Washington, D.C lobby group.Copyright 1987 Reed Business Information, Inc.


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