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The United States is bankrupt, flat broke. Thanks to accounting that would make Enron blush, Americas insolvency goes far beyond what our leaders are disclosing. The United States is a fiscal basket case, in worse shape than the notoriously bailed-out countries of Greece, Ireland, and others. How did this happen? In The Clash of Generations, experts Laurence Kotlikoff and Scott Burns document our six-decade, off-balance-sheet, unsustainable financing scheme. They explain how we have balanced our longer lives on the backs of our (relatively few) children. At the same time, weve been on a consumption spree, saving and investing less than nothing. And thats not to mention the evisceration of the middle class and a financial system that has proven it cant be trusted. Kotlikoff and Burns outline grassroots strategies for saving ourselves -- and especially our children -- from what could be a truly catastrophic financial collapse. Kotlikoff and Burns sounded the alarm in their widely acclaimed The Coming Generational Storm, but politicians didnt listen. Now the need for action is even more urgent. Its up to us to demand radical reform of our tax system, our healthcare system, and our Social Security system, and to insist on better paths to investment return than those provided by Wall Street (mis)managers. Kotlikoff and Burnss -Purple Plans- (so called because they will appeal to both Republicans and Democrats) have been endorsed by a whos who of economists and offer a new way forward; and their revolutionary investment strategy for individuals replaces the idea of financial capital with -life decision capital.- Of course, we wont be doing all this just for ourselves. We need to fix Americas fiscal mess before our kids inherit it.https: //www.youtube.com/watch?v=IMKw76lBn0k&a...

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