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The Return of Thrift: How the Coming Collapse of the Middle-Class Welfare State Will Reawaken Values in America Book
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.Read More
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Product Description
An award-winning journalist explains how the growth in the culture of entitlement has led to a government insolvency, lack of family and individual responsibility, and economic decline that will eventually force Americans to embrace abandoned personal and community virtues. 20,000 first printing.
- 0684823004
- 9780684823003
- Phillip Longman
- 1 May 1996
- The Free Press
- Hardcover (Book)
- 256
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