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Labor Day 2025: Who Owns The Economy?

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Teresa Ghilarducci @tghilarducci.bsky.social · Sep 8

Who owns the economy?
www.forbes.com/sites/teresa...

After nationwide repression of unions, wages fell more in markets where unions had previously delivered larger gains. When unions are weakened, pay falls.

Medicaid Cuts Shift Long-Term Care Costs to Families - The New School SCEPA

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Teresa Ghilarducci @tghilarducci.bsky.social · Aug 20

Millions rely on Medicaid for long-term care -- but July’s OBBB could push that burden onto families. Our latest Retirement Tracker breaks down how reduced funding and new barriers will have profound effects for older and disabled Americans.
www.economicpolicyresearch.org/resource-lib...

By: Jessica Forden with Teresa Ghilarducci and The SCEPA Team Download the PDF here. This policy note is part of SCEPA’s “Tracking the Retirement Crisis” series. This series was made possible in ...

Inflation Is Up .2%: Will Trump Now Rig The CPI?

Teresa Ghilarducci @tghilarducci.bsky.social · Aug 13

Yesterday’s inflation report showed a 0.2% increase - expected, but still significant. What’s more troubling, though, is a growing risk that’s not about inflation itself, but about the integrity of how it’s measured. Read more here

www.forbes.com/sites/teresa...

Normally, a higher inflation raye would spark somewhat boring debates about Fed policy and consumer sentiment. This time, new danger lurks.

The Looming Retirement Crisis Is Real And So Are The Solutions

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Teresa Ghilarducci @tghilarducci.bsky.social · Jul 23

I recently sat down with Bob Powell, Decoding Retirement podcast host, to discuss how to prepare for the coming retirement crisis. You can read more from our conversation here, or click the link in the article to listen!

www.forbes.com/sites/teresa...

There’s no shortage of turmoil around Social Security and retirement security these days. If you listen to Americans—Republicans, Democrats, the rich, the poor, the very online and the very offline—yo...

Retirement Then, Now, and Next - The New School SCEPA

Teresa Ghilarducci @tghilarducci.bsky.social · Jul 14

SCEPA’s latest report reveals that Late Baby Boomers, Gen X, and Millennials are retiring under significantly worse conditions than Early Baby Boomers. The report highlights the shifts that have eroded retirement security for later generations.
www.economicpolicyresearch.org/resource-lib...

by Teresa Ghilarducci and the SCEPA Team Download the PDF here. This policy note is part of SCEPA’s “Tracking the Retirement Crisis” series. This series was made possible in part through the gene...

Commentary: Social Security sends millions of Americans a misleading and 'blatantly political' message

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Teresa Ghilarducci @tghilarducci.bsky.social · Jul 9

“Like so much else in the budget bill, the tax break as it might apply to Social Security benefits goes mostly to wealthier taxpayers. That’s because of the way Social Security benefits are taxed.” - @hiltzikm.bsky.social www.latimes.com/business/sto...

The Social Security Administration lied about the GOP budget bill in a message to beneficiaries. Can we trust anything it tells us in the future?

www.latimes.com

Bridging the Retirement Gap with Sachin Shah and Teresa Ghilarducci | Brookfield

Teresa Ghilarducci @tghilarducci.bsky.social · Jul 9

I recently sat with Sachin Shah, CEO of Brookfield Wealth Solutions to take a deep dive into the structural challenges of retirement—and how guaranteed income for life can be part of the answer. Listen to our conversation here:

www.brookfield.com/news-insight...

www.brookfield.com

New Social Security Commissioner Politicizes The Trusted Agency

Teresa Ghilarducci @tghilarducci.bsky.social · Jul 7

Social Security's new chief sent out a partisan, misleading email celebrating Trump’s unpopular “Big, Beautiful Bill.” It falsely claims tax relief for seniors—when in fact, the bill doesn’t touch Social Security taxes and could actually lead to cuts. Read more here
www.forbes.com/sites/teresa...

trends and policies are happening to Social Security that suggests the agency is becoming more politicized

Social Security Administration ends NY research consortium. Here's what that means for New Yorkers.

Teresa Ghilarducci @tghilarducci.bsky.social · Jul 1

My colleague Ruth Finkelstein, professor of public health at Hunter College, remembers in excruciating detail the moment the Social Security Administration cancelled funding for the 25 year old Retirement and Disability Research Consortium.
www.healthbeat.org/newyork/2025...

Almost 4 million New Yorkers collect Social Security benefits, and over half a million rely on it for more than 90% of their income. Trump's administration cut funding for a NY research center that an...

www.healthbeat.org

Loss of Trust in Social Security Jeopardizes American's Retirement Plans - The New School SCEPA

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 16

New research from SCEPA reveals how Americans are reacting to threats to Social Security in early 2025—and what it says about a deeper, ongoing retirement crisis. By listening to people, we see how trust erodes and futures are put at risk.
www.economicpolicyresearch.org/resource-lib...

by Teresa Ghilarducci and the SCEPA Team.  Download the PDF here.This policy note is part of SCEPA’s “Tracking the Retirement Crisis” series. This series was made possible in part through the gen...

Lowballing Elder Poverty: Who Counts As “Poor” In America? - The New School SCEPA

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 11

We stand by our use of relative poverty measures—an international standard vital for assessing poverty in wealthy nations. They highlight the struggles older Americans face that absolute metrics miss; crucial for a fair discussion on elder poverty.

www.economicpolicyresearch.org/resource-lib...

Relative senior poverty levels are more than double the official U.S. rate. Issue Brief | Official U.S. poverty rates significantly undercount America’s elderly poor. According to internationally-reco...

House Payments that Don’t Retire

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 10

"More people are borrowing more money to buy more expensive homes, making it hard to pay off mortgages before retirement" - Chris Farrell
www.nextavenue.org/house-paymen...

More people are borrowing more money to buy more expensive homes, making it hard to pay off mortgages before retirement

www.nextavenue.org

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Reposted by Teresa Ghilarducci

Aaron Sojourner @aaronsojourner.org · Jun 8

This proposal by current WH NEC Director Kevin Hassett & New School economist @tghilarducci.bsky.social is one of the best. Would move us in a good direction. Wish Hassett prioritized this.
eig.org/inclusive-we...

Inclusive Wealth Building Initiative

eig.org

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 6

🚨 Supreme Court allows DOGE to have Social Security 🚨Americans’ most sensitive data

Social Security data needs to be protected! Congress needs to act now and boost TRUST in Social Security.

www.economicpolicyresearch.org/resource-lib...

Trump Can Rebuild Trust in Social Security By Reversing Layoffs and Office Closures Before it's Too Late - The New School SCEPA

by Teresa Ghilarducci and the SCEPA Team | April 2 2025 This policy note is part of SCEPA’s “Tracking the Retirement Crisis” series Elevator Pitch: In just eight weeks, the trust that Social Security ...

"CBS Evening News" Full Broadcast | June 4, 2025

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 5

1. $200 monthly increase in Social Security
2. Raise the cap on Social Security FICA tax.
NOW- in this budget. Republicans and Democrats do right by workers and retirees and their families

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 5

Two things the senate can do right now to save Social Security

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 5

Wait for the maximum benefit, don't cut yourself now anticipating it will be cut later youtu.be/JooyHLVoBC0?...

YouTube video by CBS Evening News

youtu.be

Couple faces retirement fears amid market swings: "We don't have do-over time"

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 5

Uncertainty, fear, and anxiety can lead to impulsive and costly decisions. If you can wait to take Social Security, please do
www.cbsnews.com/news/market-...

Like millions of Americans, Alicia and Chu Gomez are experiencing the waves of an uncertain, see-sawing market.

www.cbsnews.com

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 3

Government policies and institutions have failed wealth building for most American households with workers. Setting aside the wealthiest 10% of Americans, the median inheritance from the remaining 90% is almost nothing
Thank you @jannaherron.bsky.social www.marketwatch.com/story/dont-c...

Don’t count on an inheritance: Baby boomers are hanging on to their money

How to tell your children you plan to “die with zero” and leave them nothing.

www.marketwatch.com

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Teresa Ghilarducci @tghilarducci.bsky.social · Jun 2

In the last 30 years the share of workers with a pension dropped from 50% to 25%
www.nextavenue.org/despair-is-n...

Despair Is Not an Option

What you can do if you are approaching retirement with a lot of debt and little savings

www.nextavenue.org

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 2

Most people in the US who are retired didn't retire when they wanted to, but because they were forced out
www.cnbc.com/2025/05/31/d...
Thank you @loriekonish.bsky.social

www.cnbc.com

Nothing Beautiful About 21% Cuts To Social Security

Teresa Ghilarducci @tghilarducci.bsky.social · Jun 2

In the first 200 days into President Trump’s second administration, Social Security is under both overt and covert attack. Though there are no dramatic cuts to Social Security being proposed, don’t be fooled – doing nothing is doing something bad.

www.forbes.com/sites/teresa...

Social Security is under overt and covert attack. Though there are no dramatic cuts to Social Security being proposed, don’t be fooled—doing nothing is doing something.

Student Loan Debt Haunts Many Retirees

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Teresa Ghilarducci @tghilarducci.bsky.social · May 29

"The assumption is that student debt is an issue for younger people, but it's increasingly become an issue for older people," says New School's @karthikmanickam.bsky.social The squeeze is tightening now that collections on defaulted student loans has resumed.
www.nextavenue.org/student-loan...

The Trump Administration has resumed collections on defaulted student loans for the first time in five years; older borrowers are most vulnerable

www.nextavenue.org

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Teresa Ghilarducci @tghilarducci.bsky.social · May 14

Drawing on her work with older adults & formerly incarcerated people, Ruth Finkelstein shows that aging in America is shaped more by gaps in income, healthcare & housing than by age itself. She calls for research rooted in listening, trust & qualitative insight.
brookdale.org/what-stories...

What Stories Can Teach Us About Aging – Brookdale

brookdale.org