Despite America’s intensifying retirement crisis, some conservative economists are engaging in a disturbing response — retirement crisis denial, insisting there is nothing to worry about, despite reams of evidence to the contrary. This wave of denial comes as reports abound showing millions of American elders in poverty, and many millions more lacking the savings or retirement plan needed to survive comfortably in old age, as a report by Sen. Bernie Sanders (I-Vt.) documented. Black Rock CEO Larry Fink made headlines with his 11,000-word warning to shareholders that, “nearly half of Americans aged 55 to 65 reported not having a single dollar saved in personal retirement accounts,”
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