Economy: Inflation is the worst ever! Or maybe not?
Inflation is bad but it's been worse, much worse.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
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.
Inflation is bad but it's been worse, much worse.
Much social media angst over a 4.4% unemployment rate. But consider the history of unemployment ...
X posts say the true poverty level is $140k/year and that earning less than $200k/ year is not living comfortably....
Enrollment down -26% at SFSU, down up to -39% at Sonoma State University. The fertility rate collapse is real.
So far, surprisingly few.
Contrary to media doomers, owner occupied housing is near historical highs.
Another university announces cutbacks. Last night, saw that SFSU (CA) has -26% enrollment decline and Sonoma State Univ down by -39%.
Coming from family wealth really does lead to higher SAT scores - and many more opportunities.
Rental prices are also dropping.
This 2019 journalism'ish says Abercrombie was targeting Gen Z consumers with buy now, pay later ... who averaged 14 years old in 2019.
In 2025, per Fortune, 40% of those earning $500,000 or more per year are living paycheck-to-paycheck which points to a spending problem as we have supersized or upscaled our lifestyles.
Media meme that median age of today's first-time home buyer is 40 but was 29 in the 80s. But median age of US population was 29 in the 80s and…
But Gen Z is younger than you realize, not much of their customer base, and other factors are the real cause for financial difficulties at Chipotle.
16.8% of US homes in 1960 did not have complete indoor plumbing. They might have had only cold water service, or no flush toilets.