Category Archives: Economic Trends

California’s Most Surreal Summer Since ’69

Stir-crazed youth will demand all that is pent up caused by the lockdown. Although Coachella was postponed from April to October, it and other festivals and large gatherings probably won’t go off until next year. Sleeping in porta potties and molly … Continue reading →

Aside | Posted on April 15, 2020 by | 1 Comment

Except for Massive Unemployment, this Recession is Different

What a long strange trip it’s been. JUST 12 YEARS AGO, I reported “in the Spring of 2008, Las Vegas homeowners stopped paying their mortgage, and filed predatory lending lawsuits against their lenders alleging mortgage fraud including RESPA and TILA … Continue reading →

Aside | Posted on March 30, 2020 by | Leave a comment

TEENAGE WASTELAND Generation Z suffers from mental illness

Posted on March 4, 2019 by

Most of the research so far about generation Z suggests that youngsters today are less hedonistic, better behaved and more lonely than ever before. A recent report by Pew Research Centre, a think-tank, reinforces that finding and sheds more light on … Continue reading →

Posted in Economic Trends | Leave a comment

A Rockstars’ Guide to Management

Posted on January 28, 2019 by

If rock groups are businesses, businesses are getting more like rock bands. Workplaces are far more informal than they used to be, with less emphasis on protocol, rank and authority. Many firms try to cultivate the creativity that can come … Continue reading →

Posted in Economic Trends | Leave a comment

One in four kids say they use cannabis

Posted on August 16, 2018 by

Marijuana is most popular among 18- to 29-year-olds — about one in four (24%) adults in this age group report regularly or occasionally using it.  More people use cannabis than tobacco.   The following illustrates people who use tobacco or cannabis: … Continue reading →

Posted in Economic Trends | Leave a comment

Few Americans are Vegetarian or Vegan

Posted on August 13, 2018 by

5% of Americans are vegetarians, unchanged from 2012 3% are vegans, little changed from 2% in 2012

Posted in Economic Trends | Leave a comment

Millennials face largest wealth gap in generations

Posted on November 21, 2017 by

A 2017 analysis by Credit Suisse suggests that millennials in several advanced economies are likely going to face the worst income inequality of any generation in recent memory.  Millennials are generally saddled with more student debt, less inherited money, and stricter mortgages than … Continue reading →

Posted in Americans' Confidence in the Economy, Economic Trends | Leave a comment

Americans in best Christmas shopping mood in years.

Posted on October 30, 2017 by

According to Pew Americans plan to spend $906 on gifts, the most since 2007 Middle- and lower-income households fueling the rise Record-low percentage plan to spend less than last year More specifically, 34% of Americans plan to spend at least $1,000 … Continue reading →

Posted in Economic Trends, Uncategorized | Leave a comment

Airlines are trying to cram ever-more seats onto planes

Posted on October 11, 2017 by

“AIRLINES use all sorts of clever tricks to make more money from passengers. They charge extra for bags, for food and for selecting where you sit. Now they are embracing another strategy: packing more seats onto each plane. Last month … Continue reading →

Posted in Economic Trends, Uncategorized | Leave a comment

America’s poorest fall deeper into poverty

Posted on October 6, 2017 by

Pew reports that the share of the U.S. poor population in severe poverty reached its highest point in at least 20 years.  

Posted in Economic Trends, Uncategorized | Leave a comment