Economy: What % of households have 0, 1, 2 or 2+ income earners
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.
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.
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?
The Gen Z vs Boomers Social Security posts on X make little sense. (1) Boomers should retire to make jobs available, (2) but that increases SS payouts, and (3) since…
No one has any money but they have plenty to spend on looking hot, $2k+/year just on cosmetics.