文档介绍：Additional praise for ing Generational Storm
“This is a book any serious investor should absorb and act upon. If you’re one
of the 77 million American baby boomers to whom it is addressed . . . you’d best
read it soon.”
—Jonathan Chevreau, National Post
“A serious attempt to look at a problem that most people are trying to ignore.”
—Alan Beattie, Financial Times
“ing Generational Storm documents in frightening detail America’s
reckless fiscal trajectory as it barrels towards bankruptcy. The need to revamp
Medicare and Social Security is urgent. This book is a must-read for anyone who
cares about our nation’s future.”
— Yellen, University of California, Berkeley, Member, Federal Reserve
Board (1994–1997) and Chair, Council of Economic Advisers (1997–1999)
“Kotlikoff has been one of the pioneers of the new economics of generational
accounting. If anyone foresaw the deterioration of the . government’s fiscal
health, he did. Now, with journalist Scott Burns, he has written a book that spells
out, in crystal-clear laymen’s terms, the disturbing truth about the rising tide of
red ink.”
—Niall Ferguson, Stern School of Business, New York University, and author of
Empire and The Cash Nexus
“Among academic experts, Larry Kotlikoff has earned the title ‘Mr. Generational
Accounting.’ His unfuzzy arithmetic decisively rebuts the Bush tax cuts, which
are based on the delusion that 5 - 4 = 6, not 1. Read for yourself the specter of
our future: too many retirees dependent on too few working-age people. Fiscal
imprudence now mandates broken promises later.”
—Paul A. Samuelson, Massachusetts Institute of Technology, Nobel Laureate in
Economic Sciences (1970)
“Kotlikoff and Burns document and analyze the most serious issue facing the
American government today: the looming intergenerational conflict created by
its gross failure to develop a consistent plan to fund and manage entitlements
for the elderly, the cost of which will explode when the baby boom g