
On Borrowed Time
How the Growth in Entitlement Spending Threatens America's Future
Neil Howe(Author)
Routledge (Publisher)
1st Edition
Published on 13. July 2017
Book
Hardback
444 pages
978-1-138-52908-3 (ISBN)
Description
Entitlements represent one of the largest and fastest-growing portions of the federal budget. They are regarded as sacrosanct by lawmakers, yet many people see them as one of the greatest threats to the American Dream. This volume argues that by sacrificing the future in order to pay ever-larger federal benefits through programs such as Social Security, Medicare, and federal pensions, entitlement spending has become a crushing burden to American workers. Peterson and Howe destroy myths surrounding entitlement spending. They show that the bulk of it does not go to the poor. The majority of the elderly are not needy and dependent. Entitlement programs, not defense spending, consume the largest share of the federal budget. In short, we cannot balance the budget without reducing entitlement spending. In a country that demands critical investments--improving public education, alleviating poverty, increasing professional opportunity--growth in entitlement spending is unaffordable.On Borrowed Time is an important and timely book that will be mandatory reading for policymakers, politicians, economists, and a general public concerned with its financial future.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Dimensions
Height: 235 mm
Width: 157 mm
Thickness: 28 mm
Weight
792 gr
ISBN-13
978-1-138-52908-3 (9781138529083)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions

E-Book
09/2017
Routledge
€64.49
Available for download

E-Book
09/2017
Routledge
€64.49
Available for download

Book
05/2004
1st Edition
Transaction Publishers
€72.80
Shipment within 10-20 days
Person
Neil Howe
Content
I: Posterity in Danger; 1: The Imperiled American Dream; 2: The Myths of Entitlements; 3: A Fiscal Nightmare; II: The Forces Driving the Projections; 4: Driving the Projections: An Aging Society; 5: Driving the Projections: Health-Care Hyperinflation; 6: Driving the Projections: Indexing; III: From Complacency to Reform; 7: Social Security: The End of the Chain Letter; 8: The Federal Pension Bonanza; 9: Health-Care Policy: Facing the Painful Trade-Offs; Conclusion; 10: The Failure of the Libertarian Welfare State