Economy: “Home prices have quadrupled relative to income”
This finance influencer chart is bogus.
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.
This finance influencer chart is bogus.
Total college enrollment peaked in 2010 and has been in decline since then.
55-70% of US households have zero or one wage earner, contrary to the memes about "two wage earners" can't afford to live in the U.S. today.
Most Americans live close to their birthplace: about 60% live within 10 miles, and nearly 80% live within 100 miles of where they grew up.
Is use of Buy Now, Pay Later a sign of stretched budgets? No. Almost all purchases are discretionary in nature, not necessities.
Trailer parks/courts once provided low-cost housing options in the U.S. Since 1970, 1 in 3 trailer parks have closed.
Surprisingly, most of the major programming languages were invented by Baby Boomers, and PHP and Rust by Gen X.
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.
Do the rich pay their "share" of taxes?