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Dewey Decimal Number: 305.26 EAN: 9780812990690 ISBN: 0812990692 Label: Three Rivers Press Manufacturer: Three Rivers Press Number Of Items: 1 Number Of Pages: 320 Publication Date: September 26, 2000 Publisher: Three Rivers Press Release Date: September 26, 2000 Studio: Three Rivers Press Related Items:
Browse for similar items by category: Click to Display Editorial Review: Amazon.com Review: The greatest demographic event to happen this century was the baby boom. From 1946 to 1965, 76 million live births were recorded in the United States alone, a phenomenon that's been responsible for everything from the surge in baby-food products in the '50s and early '60s to the roaring stock market of today, fueled in part by boomers investing for retirement. Peter Peterson, author of Gray Dawn, looks ahead at the implications of the baby boom, and what he sees is not the bliss that many of us imagine for our golden years but rather an iceberg that threatens to sink the economy and disenfranchise subsequent generations. As former chairman of Lehman Brothers and founding president of the Concord Coalition, Peterson, whose previous books include Will America Grow Up Before It Grows Old?, is no stranger to this topic. In Gray Dawn, he takes a worldview of "global aging," and considers countries such as Japan and Italy, where the problem of an aging population coupled with declining fertility are creating particularly acute and, in some cases, unsustainable generational disparities. Peterson writes that "We must make aging both more secure for older generations and less burdensome for younger generations." To this end he offers several solutions, among them encouraging longer working lives and requiring people to save for their own retirement. But avoiding the iceberg means turning the wheel now, before it's too late. Thoughtful, well-researched, and full of charts and statistics that do well to underscore Peterson's main arguments. If you've ever wondered what retirement might look like, you'll find this a provocative read. --Harry C. Edwards Product Description: There's an iceberg dead ahead. It's called global aging, and it threatens to bankrupt the great powers. As the populations of the world's leading economies age and shrink, we will face unprecedented political, economic, and moral challenges. But we are woefully unprepared. Now is the time to ring the alarm bell . . . Average Rating:
 Rating:  - The Numbers Tell All -- International BankruptcyPete Peterson has written several books on the looming bankruptcy of the Social Security system. In this book, he covers the G-7 nations, which are in worse shape than the United States is. On page 72, he makes a point that I should have seen sometime over the last 41 years, when I first began looking into this problem. An unfunded liability must be amortized, just like a home mortgage. As of 1999, the unfunded liability of Social Secutrity was $10 trillion. The unfunded liability ... Read More Rating:  - Not-so-great a book but for other reasons....This isn't an exceptionally good book for a number of reasons that aren't really being euclidated in the other reviews. First, whoever reads this obviously has to realize that the author was a partner at an investment bank AND leans conservatively. These two points DO give liberals reason to question where his heart lies; to discount the whole of the book for that reason hints that readers aren't being open minded and fair. And before you write this review off as bad, note that I gave it ... Read More Rating:  - This Book Is Silly, Superficial, & Politically-Motivated!This book is chock-full of speciousnonsense,employingsuperficial and misleading use of statistics,worst-case scenarios, and outright horror stories more designed to frighten and divide different elements of the American electorate for crass conservative political purposes than it is an objective and useful text about the subject at hand. What neo-conservative apologist Mr. Pete Petersen and the think-tank (isn't that an absolute oxymoron?) he's associated with doesn't want you to know is that our heroes ... Read More Rating: - WARNING; ELITE ATTITUDEPETERSON IS THE SAME MAN WHO WANTS RETIRED PEOPLE TO LIVE ON LESS. PETERSON HAPPENS TO BE A MEGA MILLIOMAIRE ELITEST WHO NEVER HAD TO SLOSH THROUGH THE TRENCHES LIKE MOST OF US LITTLE PEOPLE.INVEST THE PRICE OF THIS BOOK IN YOUR RETIREMENT FUND OR BUY GRANDMOTHER GROCERIES. Rating: - I did some researchIn follow up to my skeptical, first review of Mr Peterson's "Gray Doom", I researched the total population numbers. Here are the facts. According to the US Census Bureau, in 1999 the median age is 35.5 and the mean age is 36.4. In 2030, when the "Peterson crisis" hits, the median age will be 38.5 and the mean age will be 39.9. Yes, our total population will be older but I have a hard time getting too alarmed over 3 years. In fact, if wisdom comes with age, maybe our "older" society will be better. ... Read More 
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