Social Security: Less than 1 in 4 rely solely on Social Security
A majority of Social Security recipients have a pension, retirement accounts, interest/dividend/rental income, and 1//3 have a working spouse.
A note: Gen Z versus the Baby Boom
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.
Economy: Unemployment age 20-24, 25-34
Much doomerism about unemployment among young workers-but it is at normal historical levels. But data lags real time.
Education: Comparison of past tuition to today
College costs are high, but many options are not as high as some may think they are.
Economy: The real reason people are falling behind on payments and debt? Living for the present?
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.
Economy: Vox says Gen Z isn’t having the worst possible time in history
Social media says Gen Z is screwed and they are going through the worst time in history. Vox, though, says this is not true.
Climate: Swedish youth concern for climate plummets to 13-15%
Swedish youth have lost interest in the climate. So has Greta Thunberg, who took up sailing to the mid-east.
No: Is the housing shortage due to “Boomers” not downsizing?
"Boomers" age 65+ are already living in smaller homes, per data, and this is largely unchanged in 25 years.
Home ownership by age group
Home ownership by age group has remained remarkably constant over decades, contrary to some recent media memes.
Economy: Trends in net worth
The largest change is in the net worth of the top 1% and then the top 0.1%.