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The Coming Generational Storm: What You Need to Know about America's Economic Future (The MIT Press) by Kotlikoff, Laurence J., Burns, Scott is a business book available to read on EtoBox.

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AS URGENT AS EVER: Nonpartisan policy recommendations and personal strategies for protecting against skyrocketing tax rates, reduced benefits, high inflation, and ruined currency. “Lays out in easy-to-understand prose why Social Security and Medicare need a comprehensive overhaul.” —Los Angeles Times In 2030, as 77 million baby boomers hobble into old age, walkers will outnumber strollers; there will be twice as many retirees as there are today but only 18% more workers. How will America handle this demographic overload? How will Social Security and Medicare function with fewer working taxpayers to support these programs? According to Laurence Kotlikoff and Scott Burns, we'll see skyrocketing tax rates, drastically lower retirement and health benefits, high inflation, a rapidly depreciating dollar, unemployment, and political instability. But to solve a problem you must first understand it. Kotlikoff and Burns take us on a guided tour of our generational imbalance, first introducing us to the baby boomers and the “fiscal child abuse” that will double the taxes paid by the next generation. There's also the “deficit delusion” of the under-reported national debt. None of this will be

Who reads The Coming Generational Storm: What You Need to Know about America's Economic Future (The MIT Press)?

Author

Kotlikoff, Laurence J., Burns, Scott

Publisher

Cambridge, Mass. : MIT Press

Published

2004

Language

EN

ISBN

9781417581917

Category

business

Subjects

Economics, Finance, Science

Rating

3.63 / 5 (147 ratings)

Updated

2026-03-13