Economy: Finance “X” is cuckoo
X posts say the true poverty level is $140k/year and that earning less than $200k/ year is not living comfortably....
Economy: Why are people increasing spending faster than inflation?
The news media says the economy is horrible. But people are increasing their spending faster than the rate of inflation.
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!