Christian Weller, a professor of public policy and public affairs in the McCormack Graduate School, says that the U.S. is looking at a deep, prolonged recession with massive economic pain for many workers. "The continuation of the labor market picture requires swift and large-scale policy interventions from helping the workers hurt the most by the recession and from further worsening the economic outlook," he writes.
The author references research done by the McCormack Graduate School's Gerontology Institute, showing those age 65 or older will increase from 17 percent of the population this year, to 19 percent in 2025, to a remarkable 21 percent in 2030.
Christian Weller, a professor of public policy and public policy in the McCormack Graduate School, says the retirement crisis is playing out right before our eyes. "With temporary job losses turning increasingly permanent, many older workers will eventually leave the labor market for good and face a less than golden retirement," he writes.
Marc Cohen, co-director of the LeadingAge LTSS Center @UMass Boston and a clinical professor of gerontology, and Jane Tavares, a LeadingAge research fellow, say their findings suggest a continued need, not only to safeguard the Affordable Care Act, but to strengthen it – and keep millions of vulnerable Americans safe and healthy. "The Trump administration’s move to overturn the ACA, particularly during this extraordinary time, will only add to our current challenges," they write.
Christian Weller, a professor of public policy and public policy in the McCormack Graduate School, says reforms won’t work if the status quo remains in banking, where, often, Black applicants are rejected at higher rates for loans or charged higher interest rates.
Christian Weller, professor of public policy and public affairs in the McCormack Graduate School, writes that continued work is no longer an option for many older workers, and that many older workers could soon face lower Social Security benefits.
Christian Weller, professor of public policy and public affairs in the McCormack Graduate School, writes that the "federal government has the capacity to restore confidence, protect lives, and rebuild the American economy back to its pre-pandemic state, but only if it commits to a response as aggressive as the pandemic—and quickly."
Arizona is one of several states that have a pension protection clause in the constitution. Anna-Marie Tabor, the director of the McCormack Graduate School's Pension Action Center, says "what that means is the state legislature in general can’t unilaterally change the rights that the participants have under the plan. That matters because so many of these plans are underfunded and systems are grappling with what to do about this."
Maria Ivanova, an associate professor of conflict resolution, human security, and global governance in the McCormack Graduate School, and PhD student Candace Famiglietti talked about the serious consequences of the international wildlife trade, an issue they wrote about last month in The Conversation.