The Clash of Generations: Saving Ourselves, Our Kids, and Our Economy (MIT Press) by Laurence J. Kotlikoff, Scott Burns
English | March 23rd, 2012 | ASIN: B007D621FG, ISBN: 0262016729, 0262526107 | 288 pages | EPUB | 1.04 MB
The 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? InThe Clash of Generations, experts Laurence Kotlikoff and Scott Burns document our six-decade, off-balance-sheet, unsustainable financing scheme.