Why Social Security “runs out of money”
Lots of nonsense about Social Security is posted on X. This tries to set the record straight.
Demographics, Economics, Business, Data analysis, Tech, Factfulness
Lots of nonsense about Social Security is posted on X. This tries to set the record straight.
Baby Boomers did what Congress asked them to do-self funded retirement with IRA/401(k) and savings/investments. Now they are blasted for having done that.
When comparing cross generation wealth at the same ages, something unexpected shows up .... contrary to the media memes.
There is quite a media meme that Gen is struggling and has it awful, the worst in history. But that meme is not accurate.
Expert promotes false comparison between old homes and today, ignoring vast differences in size, features and construction quality.
Based on driver license data, Oregon's economy continues in a slow downward trend.
Births fall to 1930s levels.
Younger adults more likely to have a college degree than older adults.
Top 1% wealth vs US poverty rate. The poverty rate has gone down sharply as top 1% wealth increased.
This widely circulated chart is meaningless and worthless.
Poor people, apparently. Crazy.
The % of the population aged 0-14 has fallen from a peak of 31% to about 17% as the US fertility rate has collapsed.
More than 25% of kids have their own phone by age 8, and a large majority will have their own smart phone between age 12-14.
Many kids are not permitted to do much outside, independently.
Starting in the late 19th century, people began to grow much taller. Interesting!