Gen Z: “Choosing the soft life”
Gen Z says "Boomers had it easy" but simultaneously says they reject the work and burnout culture of their parents. A bit of a contradiction.
Opinion: Practicing Factfulness based on data.
Gen Z says "Boomers had it easy" but simultaneously says they reject the work and burnout culture of their parents. A bit of a contradiction.
In the 1980s onward, Social Security was a "pay as you go" system, about 90% funded by then current workers, who also funded the "trust fund".
Situation normal, actually.
The Gen Z vs Boomers Social Security posts on X make little sense. (1) Boomers should retire to make jobs available, (2) but that increases SS payouts, and (3) since…
Predictions of the future are generally not very useful. Like this one turned out.
No one has any money but they have plenty to spend on looking hot, $2k+/year just on cosmetics.
Bill Gates has donated over $200 billion to charitable causes, WHO, foundations, research, drug discovery, education and more.
Many lack understanding of money or personal finance. Wealth is created by earning, saving and investing - not by spending.
While more Gen Z "live at home" vs Boomers, half of the increase is because about 3x more Gen Z go to college than did the Boomer generation.
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.