AI, Economy: How many jobs lost due to AI?
So far, surprisingly few.
Economy: Home ownership near all time highs
Contrary to media doomers, owner occupied housing is near historical highs.
Update: 60-70% of consumers are “paycheck-to-paycheck” every year
In 2025, per Fortune, 40% of those earning $500,000 or more per year are living paycheck-to-paycheck which points to a spending problem as we have supersized or upscaled our lifestyles.
Demographics: Median ages of home buyers
Media meme that median age of today's first-time home buyer is 40 but was 29 in the 80s. But median age of US population was 29 in the 80s and…
Not very: How meaningful are “consumer sentiment” surveys?
Well publicized "consumer sentiment" public surveys largely see the public regurgitate the negativity recently fed to them by doomer media and social media posts.
Business: Chipotle blames Gen Z travails for poor financial results
But Gen Z is younger than you realize, not much of their customer base, and other factors are the real cause for financial difficulties at Chipotle.
Economy: Median home buyer age might be 41, not 59
NAR claimed that the median home buyer age is 59, setting off a social media firestorem. But in reality, it may be 41, almost the same as the US population…
Demographics
Doomerism
Economy
Finance
Gen Z/Generational issues
Nation of Idiots
Personal finance
Stupidity
Social: X has become the Daily Doomer!
"Expert" says 75-85% of US households live in poverty. This is what passes for expertise in 2025!
Economy, Policy: Social Security has been in a downfall since the 1980s
The situation in the 1980s was exactly the same as today - with fears of SS running out of money in the 1980s. Here we are in 2025 and nothing…
A note: Gen Z versus the Baby Boom
In the past several weeks, some social media has seen a flood of generation hate posting. This looks like a coordinated propaganda campaign - from some politicians.