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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 / Roger Lowenstein.

By: Material type: TextTextPublication details: New York : Penguin Books, USA, 2009.Description: 274 p. ; 22 cmISBN:
  • 9780143115380
  • 0143115383
Subject(s): LOC classification:
  • HD7125 L917
  • J33e 2009
Contents:
Introduction -- Who owns General Motors? -- Walter Reuther and the Treaty of Detroit -- The anti-Reuther -- An entitled class -- On strike! -- Finest city -- Pension plot -- The bill comes due -- Conclusion : the way out.
Summary: A call-to-action evaluation of the economic dangers being posed by the retiring generation's pensions and health-care needs offers sobering insight into how pensions work in America and why they are threatening major companies and public institutions.
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Includes bibliographical references (p. [235]-266) and index.

Introduction -- Who owns General Motors? -- Walter Reuther and the Treaty of Detroit -- The anti-Reuther -- An entitled class -- On strike! -- Finest city -- Pension plot -- The bill comes due -- Conclusion : the way out.

A call-to-action evaluation of the economic dangers being posed by the retiring generation's pensions and health-care needs offers sobering insight into how pensions work in America and why they are threatening major companies and public institutions.

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