Lifestyle Creep: They make $500k/year and are struggling
They've chosen a lifestyle that costs $500k/year and are struggling.... hmmm
Government: Transfer of funds between states and the Federal government
Pundits often point to states that send money to the Federal government versus those that receive money from the Federal government. But the data does not mean what they think…
Media: How surveys amplify doomerism
Media amplifies bad news and doomerism; surveys and polls regurgitate and amplify bad news, which is often exaggerated.
Demographics
Doomerism
Economy
Gen Z/Generational issues
Nation of Idiots
Personal finance
Social media
Never trust experts
The Baby Boom generation had an average of 1.9 to 2.1 children per family, not 3.2 as this CEO and economic advisor claims.
Economy: Baby boomers already selling their homes
Boomers are already selling their homes.
Misleading media: “Almost half of recent college grads underemployed”
Unemployment among recent college graduates is actually at a lower rate than the long term average.
Demographics
Economy
Gen Z/Generational issues
Geopolitics
International/Global/Immigration
Policy/Government
Economy: The end of free trade
Globalization went wild from the 1980s to 2020s. Now we've gone full protectionism. Older workers pay the costs of this flip, at both ends.
Finance: What happened to microloans and microcredit?
In the 1990s and early 2000s, "microloans" and "microcredit" were the rage in spurring economic growth. But they did not work and left people in poverty.