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Retirement Security Key Part of American Dream -- Bad Public Policy Now Playing Huge Role in Undermining It
Economic Policy Institute [EPI]
[Opinion] Dec. 26, 2007 Excerpt: [The] golden years are disappearing. The conservative 'you're on your own' philosophy -- what we call 'yo-yo economics' -- has accelerated the decline of traditional pension plans, the disappearance of employer-provided healthcare, and, ironically, an erosion of personal savings. Today fewer than 20% of private-sector workers are covered by a traditional pension, and the national savings rate is near zero. MORE >> |
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