Social Security was designed as a mostly “pay-as-you-go” system
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".
Opinion: Practicing Factfulness based on data.
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".
Many lack understanding of money or personal finance. Wealth is created by earning, saving and investing - not by spending.
As automation and improved systems were deployed, railroad crews went from about 12-16 per train in the 1950s, to just 1 or 2 crew members in 2025.
Another major university to offer free tuition as the demographic collapse takes hold.
In the 1980s, 70% of retirees had a pension. Today it is less than 20%. In the '70s, Congress created IRA and 401(k) accounts to encourage self funded retirement savings.
In the 1960s and '70s, it was common to see kids healing with a broken arm or ankle. But this is not common today.
Someone of notoriety points out that generation labels are arbitrary, pointless and useless.
Travel writing has devolved into self-centered narcissism, where stories are about the writer, and not the destination.
We went from 1.16 vehicles per household in 1970 to 1.88 in 2025. The % with 1 vehicle went down, and the % with 2 or more went up.
In spite of a 40% larger population today, the number of families with children is back to early 1990 levels.