Economy: Everything is awful, except when it is not!
Not really, but when all you've got is doomer media and social media it can seem that way.
Economy: Employment to Population Ratio
The economy through 2025 was near all time highs in terms of percent of the working age population having jobs:
Economy: US home foreclosures
Recent reports of an increase in U.S. home foreclosures are misleading as we come off near all time lows in foreclosures:
Media, Demographics: “Boomers were supposed to downsize”
Who says they "were supposed to downsize"? The media but It's bad data all the way down.
Economy: 40+% of those earning $300+k per year living “paycheck to paycheck”
It's called lifestyle inflation.
Economy: What percent of workers hold more than one job?
People working more than one job is seen as a problem. But its less than in the 1990s, and involves few workers.
Demographics: Multi-generational housing
The media is spinning a doomer story that more people are living with multiple generations. This is, in fact, a return to what was normal.
Follow up: Economy: Dr Doom says “Stock markets will drop another 40%”
In 2022, Roubini predicted a market crash. Instead, the markets went up sharply.
Economy: Are we in an “economic downturn”?
The media loves to imply that at 4.2% unemployment we are in an economic downturn.
Economy: Recent college grads less likely to be underemployed than in the past
This finding is contrary to the doomerism media reports.
Economy: Average real income in the U.S. since 1776
The country has done quite well, despite the doomer media.
Economy, Generations: Unemployment rate among recent college graduates
We have far more college graduates today as percentage of the population, than we did in the past. And yet, the unemployment rate for recent college grads remains remarkably constant…
Business: Private sector unions had a brief heyday in the 20th century
Union membership over the 20th century to the present. Private sector union membership has collapsed.
Demographics: Maximum Social Security payout per person
The average beneficiary gets $24k/year, and about 6% get $40k or more, and 1-2% get $50k or more per year.