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 explores how pension debts placed enormous pressure on major American institutions, including General Motors, New York City’s subway system, and San Diego. While America Aged connects these cases to wider concerns about public finance, corporate obligations, and the potential consequences of mounting retirement liabilities.
About This Book
While America Aged examines the growing burden of pension obligations in the United States.
Roger Lowenstein focuses on the financial pressures affecting General Motors, New York City’s subway system, and San Diego.
The book connects these institutional challenges to broader questions about public finances, corporate responsibility, and the costs of an aging society.
It presents pension debt as a continuing concern with implications for the next financial crisis.
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