Demographics: “It takes $400k/year to have 2 kids in childcare”
97-98% of households with kids in the U.S. have an annual income of less than $400,000 per year, kind of disproving this study.
Demographics: “More elderly are sharing housing with others due to costs”
"1 million of those age 65+ are living with unrelated roommates" or about 1.6% of those age 65+.
Demographics
Doomerism
Economy
Gen Z/Generational issues
Nation of Idiots
Personal finance
Policy/Government
Demographics: We must confiscate elder’s savings and kill them off
So says an actual Yale professor, Samuel Moyn
Policy: Does the US government spend 6x more on those 65+ than on ages 0-17?
True, by leaving out all the local and state spending. In the real world, spending is almost equal.
Media: How surveys amplify doomerism
Media amplifies bad news and doomerism; surveys and polls regurgitate and amplify bad news, which is often exaggerated.
Demographics
Doomerism
Economy
Gen Z/Generational issues
Nation of Idiots
Personal finance
Social media
Never trust experts
The Baby Boom generation had an average of 1.9 to 2.1 children per family, not 3.2 as this CEO and economic advisor claims.
Expert predictions of the future worse than random guesses
Tests have been run in the past that found expert predictions of the future - even in the not distant future - are highly inaccurate.
Good news: Paul Ehrlich has died
He was wrong about everything yet set global policies for decades.
Misleading media: “Almost half of recent college grads underemployed”
Unemployment among recent college graduates is actually at a lower rate than the long term average.
Economy, Gen Z, Demographics: Home Price to Income Ratio
A popular social media meme is that the home price to income ratio has exploded. But it has an incredibly obvious error ... take a look.