Economy, Policy: Social Security has been in a downfall since the 1980s
The situation in the 1980s was exactly the same as today - with fears of SS running out of money in the 1980s. Here we are in 2025 and nothing…
Opinion: Practicing Factfulness based on data.
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.
The situation in the 1980s was exactly the same as today - with fears of SS running out of money in the 1980s. Here we are in 2025 and nothing…
Gen Z was born in 1997-2012. The average age is about 21. Most are not yet in the housing market.
A majority of Social Security recipients have a pension, retirement accounts, interest/dividend/rental income, and 1//3 have a working spouse.
In the past several weeks, some social media has seen a flood of generation hate posting. This looks like a coordinated propaganda campaign - from some politicians.
Much doomerism about unemployment among young workers-but it is at normal historical levels. But data lags real time.
College costs are high, but many options are not as high as some may think they are.
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.
Social media says Gen Z is screwed and they are going through the worst time in history. Vox, though, says this 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.