Donald Trump’s inept handling of the coronavirus pandemic is condemning millions of older Americans to get by on much smaller incomes and forcing many into permanent poverty, a new study shows.
These people can anticipate shorter lives with less robust health, while taxpayers will bear the burden of care for many years of increased welfare benefits and subsidies.
The pandemic forced 2.9 million Americans ages 55 to 70 to leave the workforce in just March through June, a study by the Retirement Equity Lab at The New School found. Continue reading.