Opinion | How Bidenomics May Cost Biden the Youth Vote

President Biden turns 81 on Nov. 20, and polls show that Democrats are increasingly worried about his mental and physical decline. But the incumbent has another age problem: Donald Trump is running on par with him among young voters.

Mr. Biden won the youth vote by double digits in 2020, while seniors swung for Mr. Trump. Recent polls, however, show that seniors are now the only age group that favors Mr. Biden in a rematch. It isn’t difficult to explain the reversal. Bidenomics has exacted a massive wealth transfer from young people to seniors.