Economy: Inflation is the worst ever! Or maybe not?
Inflation is bad but it's been worse, much worse.
Opinion: Practicing Factfulness based on data.
Inflation is bad but it's been worse, much worse.
Much social media angst over a 4.4% unemployment rate. But consider the history of unemployment ...
X posts say the true poverty level is $140k/year and that earning less than $200k/ year is not living comfortably....
The news media says the economy is horrible. But people are increasing their spending faster than the rate of inflation.
So far, surprisingly few.
Contrary to media doomers, owner occupied housing is near historical highs.
Rental prices are also dropping.
This 2019 journalism'ish says Abercrombie was targeting Gen Z consumers with buy now, pay later ... who averaged 14 years old in 2019.
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.