From the Back Cover
"Pete Peterson's Gray Dawn is persuasive and moving.
Those who care about public policy will ignore his warnings
at peril of being ultimately judged uninformed, unserious,
and unhelpful."-Peggy Noonan, author of What I Saw at
the Revolution
"Pete Peterson's new book demonstrates with
conviction and eloquence the need to recognize that we face a
social, political, and economic time bomb in the aging of
America-and of every other industrialized country. The bomb
can be defused, but only if we summon up the will to act
soon. This book explains the options clearly and forcibly for
political leaders and citizens alike."-Paul A. Volcker,
former chairman of the Federal Reserve
"Gray Dawn is a wake-up call. Declining fertility
rates and rising longevity rates are evident in virtually
every country, with profound and varying meaning in the short
and long term. You'd better read this book and think hard
about what the trends foretell. He's talking about
you."-George P. Shultz, former secretary of state
"Pete Peterson elucidates what may be the
transcendent global policy challenge of the twenty-first
century-and the one least discussed: the unsustainable,
multi-trillion-dollar unfunded liabilities for social
security and health care systems around the world. He
illustrates how this growing crisis represents a global
challenge not only to the solvency of governments, but to the
economic and moral health of civil society. And he makes
clear what can and must be done about it."-Senators Sam
Nunn and Warren Rudman, co-chairmen, The Concord Coalition
"Pete Peterson is the watchman on deck warning us all
to wake up because of the 'Iceberg dead ahead! His facts are
explosive. His stories, rich. His solution, compelling."
-Diane Sawyer, ABC News