Demographics, Economy: Demographics now key driver of global economy
Ibbitson, 67, said over the next several decades that demographics will be the key driver of the global economy as more baby boomers age and birth rates around the world…
Demographics: Opinion poll finds most think next generations will have worse economic times (and they are wrong)
An opinion poll is a measure of contemporary propaganda success, thus, this is expected after the onslaught of bad news: Americans have as little optimism as they have had at…
Economy: How many workers earn minimum wage?
According to the U.S. Bureau of Labor Statistics, not so many – which is a surprise: Age. Minimum wage workers tend to be young. Although workers under age 25 represented…
Elon Musk suggests 18-24 month long recession looming
Periodic downturns help to cleanse the economy of companies that do not deserve to live on, according to the Tesla CEO. Source: Elon Musk predicts recession could last until spring…
Business: Kroger’s acquisition of Albertsons/Safeway will not result in lower prices
It might result in higher profits, but not lower prices for consumers. Their goal is to turn grocery shopping into a surveillance service to better target you with advertising: One…
Economy: Dr Doom says “Stock markets will drop another 40%”
He has been known as Dr. Doom for over a dozen years now. The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight…
Media, economy: “Majority of Americans now doubt attainability of generation-to-generation upward mobility”
This assessment will prove false within a few years, of course but it fits the meme of the day of media’s obsession with negativity: More than half of Americans believe…
Economy: “Living paycheck to paycheck” has not changed much
These 2022 news headline sound bad until you look at context – over time, the numbers stay much the same – and surveys results are questionable: As of August, 60%…
Demographics: Some states lose population, some gain population
Nearly 125,000 Illinoisans Went Looking For A New State To Live In Illinois isn’t alone in losing people to other states, it’s just that we’re losing so many more than…
Education: Humanities grads dropped by 50+% from 2010 to 2020
The linked post is, to some extent, trying to explain why there seems to be an increase in political activism. I don’t know about that but the data in the…