Economy: How efficiency reduced railroad crew sizes
As automation and improved systems were deployed, railroad crews went from about 12-16 per train in the 1950s, to just 1 or 2 crew members in 2025.
Opinion: Practicing Factfulness based on data.
As automation and improved systems were deployed, railroad crews went from about 12-16 per train in the 1950s, to just 1 or 2 crew members in 2025.
In the 1980s, 70% of retirees had a pension. Today it is less than 20%. In the '70s, Congress created IRA and 401(k) accounts to encourage self funded retirement savings.
The news has buried the change in Federal employment over time. Clinton significantly reduced head count, Bush and Biden significantly increased headcount.
We went from 1.16 vehicles per household in 1970 to 1.88 in 2025. The % with 1 vehicle went down, and the % with 2 or more went up.
Americans spend more money going out to eat and having food delivered to their homes.
Surprisingly, most people age 65+ are already living in smaller homes.
Many media and social media pundits think the "baby boom" past was idyllic. Here's a reality-based comparison of then versus today.
Lindsay Owens, Ph.D. has been an economic policy advisor to Sen. Warren. Yet she does not understand the most basic of microeconomics. Truly embarrassing.
Amazing how markets work. But leaving it to the media - this is now bad news!