Teresa Ghilarducci for PS On Point: The Perils of Retirement in America

Don't miss a new PS Big Picture on the Trump trials, featuring Nancy Isenberg, Reed Galen, Eric Posner, and more [View this message in a web browser]( [PS On Point]( APRIL 26, 2024 The US retirement system is failing American workers. But, writes Teresa Ghilarducci of The New School for Social Research, after decades of pushing fake fixes – especially forcing people to work longer – US policymakers have an opportunity to make real progress in bolstering Americans' economic security in old age. [Read more]( [PS. To access the new issue of PS Quarterly, subscribe to Premium now.]( [PS Longer Reads: The Perils of Retirement in America]( [The Perils of Retirement in America]( By Teresa Ghilarducci America’s 40-year experiment with a voluntary, individual-directed, commercial retirement system has failed, with the vast majority of US workers unable to accumulate enough savings over their working lives to enjoy basic economic security in old age. Bold reform is urgently needed – and surprisingly possible. [Read more]( [PS Big Picture: Trump on Trial]( [Trump on Trial]( with Eric Posner, Nancy Isenberg, Reed Galen, and more From a long list of criminal indictments to unfavorable voter demographics, there is plenty standing between presumptive GOP nominee Donald Trump and a second term in the White House. But a Trump victory in the November election remains a distinct possibility – and a cause for serious economic concern. [Read more]( [PS Longer Reads: China’s Rebalancing Imperative]( [China’s Rebalancing Imperative]( By Stephen S. Roach China’s deeply entrenched countercyclical policy mindset is misaligned with its structural challenges: mounting deflationary risks, exacerbated by the lethal interplay between a rapidly aging population and serious productivity problems. The authorities need to devise a new response to unleash consumption-led growth. [Read more]( [PS. Save 30% on a new Digital subscription with our special introductory offer.]( [Facebook]( [Twitter]( [LinkedIn]( Project Syndicate publishes and provides, on a not-for-profit basis, original commentary by the world's leading thinkers to more than 500 media outlets in over 150 countries. Receipt of this newsletter does not guarantee rights to re-publish any of its content. This newsletter is a service of [Project Syndicate](. [Change your newsletter preferences](. Follow us on [Facebook]( [Twitter]( and [YouTube](. © Project Syndicate, all rights reserved. [Unsubscribe from all newsletters](.