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
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 pre*ion for reform.