Opinion: Factfulness, Skepticism & Realism, Sometimes satire and parody.
A comparison of life in the 60s, 70 and 80s with that of Gen Z, in the 2020s. Inspired by a proliferation of posts on X that engaged in Generation bashing.
Post Covid there has been increase in "living for the present" as people realized they might be postponing experiences for a future that does not come. And now they are…
Social media is filled with endless pronouncements that Gen Z is screwed and they are going through the worst time in history. Vox notes it is not true.
Swedish youth have lost interest in the climate. So has Greta Thunberg, who took up sailing to the mid-east.
"Boomers" age 65+ are already living in smaller homes, per data, and this is largely unchanged in 25 years.
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
The largest change is in the net worth of the top 1% and then the top 0.1%.
Due to an "inheritance glut" and other changes, pianos are now free, 8-10 place "fine China" place settings sell for $50, and few want Grandma's "hutch".
Economy: Housing problems are all due to "boomers" because they are not moving to smaller homes. Reality: The US has not built smaller homes for 50 years.
If only someone would have mentioned what would happen with a shrinking fertility rate ...
It's been dropping in the US for 200+ years, and globally for at least 60 years.