Will America Grow up Before It Grows Old?

Overview

According to recent polls, more young Americans believe in UFOs than think they will ever receive a Social Security check. Yet most Baby Boomers, as they approach retirement age, believe they will continue to live their present lifestyle in retirement - without a fraction of the personal savings or pensions necessary to pay for the future they expect. When the 76 million members of the Baby Boom generation - the largest generation in our history - begin to retire in less than fifteen years, one American in five ...
See more details below
Available through our Marketplace sellers.
Other sellers (Hardcover)
  • All (59) from $1.99   
  • New (6) from $4.99   
  • Used (53) from $1.99   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$4.99
Seller since 2009

Feedback rating:

(100)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
Brand new and never been read. Pages are crisp with no markings on the cover.

Ships from: Bellerose Village, NY

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$5.00
Seller since 2009

Feedback rating:

(34)

Condition: New
1996 Hard cover Illustrated. New in new dust jacket. NEW Sewn binding. Cloth over boards. 237 p. Contains: Illustrations. Audience: General/trade.

Ships from: Branson, MO

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$5.00
Seller since 2005

Feedback rating:

(70)

Condition: New
1996 Hard cover First edition. Illustrated. New in new dust jacket. Sewn binding. Cloth over boards. 237 p. Contains: Illustrations. Audience: General/trade.

Ships from: Warrenville, IL

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$5.95
Seller since 2014

Feedback rating:

(0)

Condition: New
Minor shelf wear. No Remainder Mark, No Damage, 100% satisfaction guaranteed. Ship twice daily.

Ships from: Plano, TX

Usually ships in 1-2 business days

  • Canadian
  • International
  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$11.00
Seller since 2007

Feedback rating:

(320)

Condition: New
1st Edition, Fine-/Fine DJ rear cover lightly rubbed, 1/8" red dot on top page ends, o.w. clean, tight & bright. NO ink names, bookplates, DJ tears, etc. Price unclipped. ISBN ... 0679452567 Read more Show Less

Ships from: Troy, NY

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
  • Express, 48 States
  • Express (AK, HI)
$45.00
Seller since 2014

Feedback rating:

(162)

Condition: New
Brand new.

Ships from: acton, MA

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Close
Sort by
Sending request ...

Overview

According to recent polls, more young Americans believe in UFOs than think they will ever receive a Social Security check. Yet most Baby Boomers, as they approach retirement age, believe they will continue to live their present lifestyle in retirement - without a fraction of the personal savings or pensions necessary to pay for the future they expect. When the 76 million members of the Baby Boom generation - the largest generation in our history - begin to retire in less than fifteen years, one American in five will be 65 years of age or older. This aging population - double today's load - will depend on as few as 1.6 working Americans to support each retired person. Who will support this nation of Floridas? In this short, powerful book, Peter G. Peterson, one of America's top investment bankers and a leading critic of our entitlement policy, spells out in the clearest possible language, with unmistakable numbers and easy-to-read charts, the disaster that lies ahead if we continue to ignore our low savings rate, our ballooning federal deficit, and our enormous unfunded and unsustainable commitments to retirees. Peterson reveals what politicians are afraid to admit: trillions of dollars of promised Social Security and Medicare benefits for which no funds have been provided. Shattering the myths surrounding this subject with hard facts and eye-opening views of the future, Peterson gives the most comprehensive and candid plan for a gradual, humane, fair, and realistic answer to the greatest challenge of the next century: transforming our political, economic, cultural, and social assumptions to adapt to the realities of the graying of America.
Read More Show Less

Editorial Reviews

Publishers Weekly - Publisher's Weekly
The conflict between the baby-boomer generation's expectations and the nation's fiscal realities (Medicare, Social Security funding, etc.) is treated with straightforward pragmatism by Peterson (Facing Up: How to Rescue the Economy from Crushing Debt). Addressing the question of how America will "prepare and pay for the growing dependency of our rapidly aging population," including boomers whose retirement is 15 years away, he counsels a return to personal savings and investment and increased productivity in the workplace. He acknowledges that reductions in benefits and entitlements will be required if thrift on a national scale is to be achieved. Whether one accepts Peterson's apodictic pronouncement that "Social Security is a vast Ponzi scheme in which only the first people in are big winners," his proposals for a graying America to return to an earlier generation's collective restraint are worthy advisories to which attention should be paid. Peterson is director of the Federal Reserve Bank of New York. Major ad/promo; author tour. (Oct.)
Library Journal
Peterson is an investment banker who served under President Nixon as secretary of commerce (appointed 1972) and as a director of the Federal Reserve Bank in New York. He presently serves on President Clinton's Bipartisan Commission on Entitlements and Tax Reform. In this very readable book, he discusses the demise of Social Security and other entitlements and what can be done about them. By examining demographics, current entitlements, productivity, savings rates, the deficit, downsizing, and the denial of politicians who fail to address unfunded commitments to retirees, he provides a scenario that is quite bleak, supported with well-documented research. Peterson does offer hope, however, by encouraging greater productivity, less consumption, and increased savings and investments. And he urges that it has to be done now. Readers interested in this topic will find his ideas thought-provoking and his concerns controversial but worthy of discussion. This book will not be a shelf sitter. [Previewed in Prepub Alert as Will America Grow UP?, LJ 4/15/96.]Steven J. Mayover, Free Lib. of Philadelphia
Kirkus Reviews
An authoritative and alarming audit of the potentially bleak financial future faced by the 76 million Americans born between 1946 and 1964—who look forward to comfortable retirements.

A former Commerce secretary turned investment banker and a member of the Bipartisan Commission on Entitlement and Tax Reform, Peterson has strong feelings about his subject, as well as a firm grasp on it. He demonstrates that insufficient resources exist to cover the retirement of Boomers (who will begin leaving the workforce in about 15 years). He goes on to show that, on any rational bookkeeping basis, Medicare and Social Security are "massively insolvent." Doubling back, the author reviews just how the US became a thrift-deficient, consumption-minded, deficit- burdened, and entitlement-oriented society in which the relatively affluent collect appreciably more federal benefits than the genuinely impoverished. Having blamed the electorate and Congress in approximately equal measure for this parlous state, and arguing that in economic terms the troubles created by the graying of America could dwarf all other serious problems, Peterson offers a multipoint reform program whose top priority would be balancing the federal budget by 2002. His list of obligatory changes includes a thorough makeover of entitlements, complete with a schedule of phased-in sacrifices to be shared by all recipients of government largesse. Also covered are such possibilities as reducing benefits for the affluent (i.e., households with annual incomes exceeding $40,000); advancing the eligibility age for FICA payouts; establishing a system of personal, privately managed, and portable pension plans funded in part with dollars now earmarked for Social Security; and a tax policy that would impose levies on consumption rather than income.

A persuasively stated case for addressing a consequential issue that's overdue for debate and action.

Read More Show Less

Product Details

  • ISBN-13: 9780679452560
  • Publisher: Random House Publishing Group
  • Publication date: 10/8/1996
  • Edition number: 1
  • Pages: 96
  • Product dimensions: 5.88 (w) x 8.58 (h) x 0.81 (d)

Meet the Author

Peter G. Peterson is Chairman of The Blackstone Group, a private investment bank, Director of the Federal Reserve Bank of New York, Chairman of the Council on Foreign Relations, Chairman of the Institute for International Economics, Director of the National Bureau of Economic Research, and Founding President of the Concord Coalition, a bi-partisan citizen group dedicated to building a constituency for fiscal responsibility. A former Secretary of Commerce under President Nixon, Mr. Peterson has advised four presidents. Most recently, he served on President Clinton's Bipartisan Commission on Entitlement and Tax Reform.

Chairman and CEO of Lehman Brothers from 1973 to 1984, he is the author of Facing Up: How to Rescue the Economy from Crushing Debt, which the New York Times called "a benchmark against which the debate over lowering the federal budget deficit will be measured for years to come." He has received countless awards, including the National Magazine Award for the Best Public Interest Article of the Year. His thought-provoking and trailblazing articles on the future of Social Security, Medicare, and the U.S. Economy have appeared in The Atlantic Monthly, The New York Review of Books, The New York Times Magazine, and many other publications, and he is a frequent guest on The News Hour with Jim Lehrer, Charlie Rose, and other major television talk shows.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)