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America, Welcome to the Poorhouse (Intro & Chapter 1): Why You Can't Retire from a 401(k) Plan: You Won't Have Ten Times Your Salary in Your Account at Age 65

By Jane White
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By Jane White
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Read the following excerpt from America, Welcome to the Poorhouse, Introduction.

The nationally broadcast debate in 1980 between President Jimmy Carter and would-be President Ronald Reagan was summed up in 10 short words: "Are you better off than you were four years ago?"

For Carter, the situation was dire. Iranian radicals had held 52 American hostages fo...

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