The People's Pension
Book description
"Readers mystified by the yawning gulf between public opinion and current political discussion might benefit from the background provided in Eric Laursen’s magisterial history, 'The People's Pension: The Struggle to Defend Social Security Since Reagan' The book offers more than 800 pages of fascinating if gory details about the lobbying…
Why read it?
1 author picked The People's Pension as one of their favorite books. Why do they recommend it?
At first, the sheer size of this book—over eight hundred pages—intimidated me. But then as I got into it, I realized that it was well worth the time. This is the definitive account of the political struggle between the defenders and enemies of Social Security since the Reagan years. The defenders want to expand the program. Its enemies ultimately want to privatize it to benefit Wall Street or, at the least, reduce its benefits so that people have no other recourse than saving through 401(k)s. I like it because Laursen both understood what was at stake and was able to…
From James' list on retirement plans if you don’t trust Wall Street.
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