Editorial Reviews
Amazon.com
Often lost in the hue and cry about problems with welfare in the United States is the abysmal state of the country's entitlements for the middle class. Yet, as Phillip Longman points out in this timely and important book, Americans must prepare for an "imminent collapse of the middle-class welfare state" resulting in the loss of "no less than a way of life." Given the current structure, the Social Security system will go broke in the year 2025, meanwhile, the Medicare fund, the veterans' benefit program and the systems for civil service and military retirees all are financially unsound. Longman explains how dependent middle-class Americans has become on these welfare programs, shows the cost of these programs compared with those for the poor, and provides solutions to avoid a collapse of the system.
The New York Times Book Review, Nicholas Eberstadt
Mr. Longman is clearly on the mark when he describes the structural problems at the heart of our nation's social insurance arrangements.... The great virtue of The Return of Thrift is its effort to alert an often complacent and self-indulgent citizenry ... the message itself could hardly be more important.
RETURN OF THRIFT : How the Collapse of the Middle Class Welfare State Will Reawaken Values in Americs
RETURN OF THRIFT : How the Collapse of the Middle Class Welfare State Will Reawaken Values in Americs,Phillip Longman,Free Press,0684823004,Economic Conditions,Entitlement spending,General,Government And Social Welfare,Middle class,Politics - Current Events,Saving and investment,Sociology,U.S. - Contemporary Politics,U.S. Government,United States,Current Events / General
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