Friday, August 17, 2007

Shaky Financial Ground Awaits Many American Retirees

The burden of long-term economic security in the United States is moving away from employers and the government onto the shoulders of workers - a transformation that Yale University political scientist Jacob Hacker calls "The Great Risk Shift." The latest issue of Public Policy & Aging Report (PPAR) tackles the surrounding issues that older Americans will now face.

This publication presents analyses from five leading figures associated with identifying and tracking the shifting policy landscape of risk and responsibility. Hacker himself contributes the lead article -- outlining the trends and noting their dramatic consequences.

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