Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It

Peter G. Peterson

Editore: RB Large Print, 2005
ISBN 10: 1419334042 / ISBN 13: 9781419334047
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Riassunto: From Publishers Weekly: For years, Peterson, secretary of commerce under Nixon and author of Gray Down, has been a compelling Cassandra, warning that the mix of growing debt, an aging population, and deficits in Social Security and Medicare portend disaster. Now, he laments, Republicans pursue reckless supply-side economics and Democrats, assuming a repeal of Bush's tax cuts would enable new government spending, are unwilling to consider limits on entitlements. Citing study after study, the author shows that it is a failure of leadership, not knowledge, that has let deficits loom. Beyond that, add the new burdens imposed by September 11-and the fact that European countries, aging like us, likely will have less money for security and international aid. Peterson attacks 10 partisan myths, among them that means-testing federal benefits will shred the safety net; that the elderly are poorer than children, that Americans are overtaxed and that using tax cuts to shrink government can work. What went wrong? He blames interest groups, individualism, short-termitis and generational change. Peterson offers concrete solutions: among them: index Social Security to prices, not wages; use the federal employees' health plan as a model; force Congress to include unfunded retirement obligations in its balance sheet; and pursue more nonpartisan politics, such as free TV time during campaigns. A self-described "fat cat," Peterson is willing to bear an "affluence test" for Social Security; he challenges leaders to revive JFK's call for civic responsibility. Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.

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Dati bibliografici

Titolo: Running on Empty: How the Democratic and ...
Casa editrice: RB Large Print
Data di pubblicazione: 2005
Condizione libro: very good

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Peter G. Peterson
Editore: RB Large Print
ISBN 10: 1419334042 ISBN 13: 9781419334047
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Descrizione libro RB Large Print. Hardcover. Condizione libro: VERY GOOD. Very Good copy, cover and pages show some wear from reading and storage. Binding may have light creases. Lots of life left in these pages. Codice libro della libreria 2656881811

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2.

Peter G. Peterson
Editore: RB Large Print
ISBN 10: 1419334042 ISBN 13: 9781419334047
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Descrizione libro RB Large Print. Hardcover. Condizione libro: Good. Ex-Library Book - will contain Library Markings. Light shelving wear with minimal damage to cover and bindings. Pages show minor use. Codice libro della libreria G1419334042I3N10

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