Economy: Social Security Cost of Living Adjustments since 1970
Historic Social Security cost of living/inflation adjustments.
Opinion: Practicing Factfulness based on data.
Historic Social Security cost of living/inflation adjustments.
Half of the Baby Boom will be dead within 9 years. It's just demographic math.
Because the government devalued dollars.
At current airfare and estimated rail prices, it will be cheaper to fly than take the train, round trip, and will get you there twice as fast.
The drop is explained by the huge "Boom" cohort now retiring and has nothing to do with AI.
Much to most people's surprise, it's gone up.
For a child born today, average K-12 spending may reach $450,000 per student, cumulatively.
In 9 years, half of the Baby Boom cohort will be dead, Gen Millennial/Z will receive the greatest wealth transfer in history, collapsing housing markets, and great job options.
Except 79% already own their own home.