Trump's mass deportation plan could negatively impact retirees financially by jeopardizing Social Security and Medicare funding. Illegal immigrants contribute significantly to these systems without receiving benefits. As the population of retirees grows and birth rates decline, fewer working-age taxpayers may jeopardize support systems for older Americans. This potential labor shortage might also drive housing costs up and increase inflation. Economic experts warn that mass deportation could harm the very financial stability of the aging population that Trump claims to be protecting.
Trump's immigration policies could hurt retirees' wallets and make it harder for them to access healthcare. The reduction in the immigrant workforce threatens Social Security and Medicare funding.
Deportations could drain the tax funding for Social Security and Medicare, spike housing costs, and contribute to broader inflation amid a growing aged population.
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