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Roger Lowenstein, author of While America Aged, explains that the problems with entitlements happened because politicians made promises that did not have to be paid out until decades later.
Roger Lowenstein, author of While America Aged, explains how Walter Reuther brought the idea of workers' benefits to America from what he had seen in other countries.
Author Roger Lowenstein cites the city of San Diego as an example of what can happen when pension plans are not properly funded.