This is the first survey I have seen about how younger people see the older generation’s role in their financial situation and future. BUt what I particularly took away from reading this was what a large percentage of Americans are having a very tough time financially while the uber-rich are raking in money by the truck load. You can see this also in the writers’ Guild and UAW strikes. America has the worst wealth inequality of any of the world’s developed nations.
Teenager and senior grandfather argue about money. Credit: Miljan Živković / stock.adobe
NEW YORK, NEW YORK — Sixty-five percent of millennials and Gen Zers are worried about baby boomers’ impact on their financial future, according to new research. A survey of 2,000 U.S. adults evenly split by generation looked at the differences between their financial experiences. Results show that although younger generations are worried about their elders getting in their way, bad money habits are actually common among Americans of all ages.
Just 27 percent rate their money-saving habits as “excellent.” Even though respondents have some good habits, most admit they make poor money decisions sometimes (62%).
The survey, conducted by OnePoll for National Debt Relief, finds that some of the most common bad money habits include writing off small purchases as insignificant (43%), gambling (39%), and using credit cards to pay bills (33%). Respondents say their money habits are inspired by their parents (48%).
Whether these lessons were sound could be up for debate as more than half of Americans have been in debt at some point […]
Although this is a Chinese study it is so large and carefully done that its speaks to every nation. The only ting that is going to overcome the bribery of the Congress by the petroleum industry is your vote, and mine, and everyone we know. In 2024 we must make our votes so overwhelming that both Republicans and Democrats have to listen or lose their jobs. And one thing we must ask for in addition to cleaner air is the overturn of Citizens United.
XI’AN, CHINA — Air pollution is contributing to a concerning increase in heart attacks and strokes, according to recent research. Scientists in China argue that inhaling ozone, also known as smog, accelerates the hardening of arteries, thereby leading to cardiovascular disease. Smog is created in the atmosphere when emissions from vehicles and industries interact with sunlight, forming harmful nitrogen oxides and volatile organic compounds.
Cardiovascular disease is the leading cause of death worldwide, taking approximately 18 million lives each year. It is estimated that air pollution is responsible for 1.8 million of these global deaths annually.
“During this three-year study, ozone was responsible for an increasing proportion of admissions for cardiovascular disease as time progressed. It is believed that climate change, by creating atmospheric conditions favoring ozone formation, will continue to raise concentrations in many parts of the world,” says the lead author of the study, professor Shaowei Wu from Xi’an Jiaotong University, in a media release. “Our results indicate that older people are particularly vulnerable to […]
John Rennie Short, Professor Emeritus of Public Policy, University of Maryland, Baltimore County - The Conversation
Stephan:
If you read me regularly you will see this as the latest on a trend SR has been covering for several years (See SR Archive). American cities are undergoing a massive change that is not being properly or adequately covered. John Short gets what is happening and describes his view of it well here. I think these office buildings should, where possible be converted into residential usage in several forms, and with enough vertical farming to provide produce for the community. I think cities should be seen holistically with wellbeing as the main priority.
San Francisco Trolley and cars on road near high rise buildings during daytime Credit: Ethan Chang / Unsplash
The hollowing out of U.S. cities’ office and commercial cores is a national trend with serious consequences for millions of Americans. As more people have stayed home following the COVID-19 pandemic, foot traffic has fallen. Major retail chains are closing stores, and even prestigious properties are having a hard time retaining tenants.
A recent study from the University of Toronto found that across North America, downtowns are recovering from the pandemic more slowly than other urban areas and that “older, denser downtowns reliant on professional or tech workers and located within […]
STEVEN SHEPARD, Senior Campaigns and Elections Editor - Politico
Stephan:
The Republican view is a death cult. (See SR archive). The Covid death rate of Republicans compared with Democrats is absurd. It is an anti-vaxxer death cult.
Vaccine skepticism has found a home in the post-pandemic GOP. And it’s not just related to the Covid shot.
Before 2020, polls showed little overall difference along partisan lines on issues related to vaccination, such as whether students should be inoculated against measles to attend public schools. But since Covid, Republican voters have diverged from everyone else.
A new POLITICO | Morning Consult poll, conducted as part of POLITICO’s ongoing series about the rising anti-vax movement, shows Republican voters are less likely than Democrats or independents to say vaccines are safe for children. It also shows that as many Republicans now say they care more about the risks of vaccines than they do about the health benefits.
The survey results underscore that as the number of voters more doubtful of vaccines has risen — despite scientific evidence that they’re safe and effective — it has come almost exclusively from one political party. While opposition to more established vaccines is still far from a majority position among Republicans, significant numbers question their safety and say Americans shouldn’t […]
This is a dialogue between Michael Mann a professor at the University of Pennsylvania and Sean Rameswaram. I absolutely agree with them.
CalFire firefighters combating the Rabbit Fire in Moreno Valley, California, on July 14, 2023. Credit: Jon Putman / SOPA Images/ LightRocket / Getty
For the past dozen years or so, every time the United Nations General Assembly holds its annual session in New York City, climate activists hit Manhattan to protest outside. They call it Climate Week. And this week has been a big one, with tens of thousands of protesters demonstrating as part of the New York March to End Fossil Fuels.
After a summer of extreme weather, Vox’s daily news podcast Today, Explained is tackling Climate Week with some help from a scientist — one who’s been at the center of climate science since before it was cool, and has some ideas on how we can keep the planet from getting too hot.
Michael Mann is a professor at the University of Pennsylvania and author of the new book Our Fragile Moment: How Lessons from Earth’s Past Can Help Us Survive the Climate Crisis. Mann is perhaps best known for the “hockey stick curve” in a 1998 […]
