MARC record from Internet Archive

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008 110929s2012 maua b 001 0 eng
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020 $a9780262016728$q(hardcover ;$qalk. paper)
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050 00 $aHC106.83$b.K68 2012
060 4 $a330.973 K87c
082 00 $a330.973$223
084 $aQL 200$2rvk
100 1 $aKotlikoff, Laurence J.
245 14 $aThe clash of generations :$bsaving ourselves, our kids, and our economy /$cLaurence J. Kotlikoff and Scott Burns.
260 $aCambridge, MA :$bMIT Press,$c©2012.
300 $a275 pages :$billustrations ;$c25 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
504 $aIncludes bibliographical references and index.
505 0 $aPrologue : The last straw -- The United States is bankrupt -- Catastrophic success -- Living beyond our children's means -- Economic fallout -- Beatings without bruises -- Does it pay to grow up? -- The war on our children -- Unsafe at any speed -- Getting to yes -- There must be some way out of here -- Time to retire -- Becoming our own solution -- The power of ordinary living -- The coming generational storm.
520 $aThe United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, America's insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others. How did this happen? In The Clash of Generations, experts Laurence Kotlikoff and Scott Burns document our six-decade, off-balance-sheet, unsustainable financing scheme. They explain how we have balanced our longer lives on the backs of our (relatively few) children. At the same time, we've been on a consumption spree, saving and investing less than nothing. And that's not to mention the evisceration of the middle class and a financial system that has proven it can't be trusted. Kotlikoff and Burns outline grassroots strategies for saving ourselves--and especially our children--from what could be a truly catastrophic financial collapse. Kotlikoff and Burns sounded the alarm in their widely acclaimed The Coming Generational Storm, but politicians didn't listen. Now the need for action is even more urgent. It's up to us to demand radical reform of our tax system, our healthcare system, and our Social Security system, and to insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burns's "Purple Plans" (so called because they will appeal to both Republicans and Democrats) have been endorsed by a who's who of economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of financial capital with "life decision capital." Of course, we won't be doing all this just for ourselves. We need to fix America's fiscal mess before our kids inherit it
651 0 $aUnited States$xEconomic conditions$y21st century.
650 0 $aBudget deficits$zUnited States.
650 0 $aGenerational accounting$zUnited States.
650 0 $aFiscal policy$zUnited States.
650 7 $aBudget deficits.$2fast$0(OCoLC)fst00840404
650 7 $aEconomic history.$2fast$0(OCoLC)fst00901974
650 7 $aFiscal policy.$2fast$0(OCoLC)fst00925806
650 7 $aGenerational accounting.$2fast$0(OCoLC)fst00939878
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
650 7 $aFiskalpolitik$2gnd
650 7 $aInsolvenz$2gnd
650 7 $aIntergenerative Belastungsrechnung$2gnd
651 7 $aUSA$2gnd
650 7 $aBudget deficits$zUnited States.$2nli
650 7 $aGenerational accounting$zUnited States.$2nli
650 7 $aFiscal policy$zUnited States.$2nli
651 7 $aUnited States$xEconomic conditions$y21st century.$2nli
648 7 $a2000-2099$2fast
700 1 $aBurns, Scott.
776 1 $cElectronic resource$z9780262302333
856 41 $3ebrary$uhttp://site.ebrary.com/id/10537984
856 41 $3Table of contents$uhttp://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&doc_number=024663145&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
856 41 $3Table of contents$uhttp://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=024663145&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
856 41 $uhttp://mitpress-ebooks.mit.edu/product/clash-generations
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