Fast food executive complains that social media inflates young people's "self-importance," killing their willingness to work for free

Natalie Brennan is general manager of Muffin Break -- a multinational fast-food franchise business owned by Foodco -- and she's really angry that today's young people will not work for her for free. Read the rest

Regardless of political affiliation, over-65s are most likely to share "fake news" (and there's not much fake news, and it's largely right-wing)

A peer-reviewed study conducted by a trio of Princeton and NYU political scientists and published in Science Advances systematically examined the proliferation of fake news in the 2016 election cycle and found that, contrary to earlier reports, disinformation did not get shared very widely, and that most of it was right-wing, and that the people who shared disinformation of all political orientation were over 65. Read the rest

Millennials will be able to buy homes soon, thanks to Boomer senescence and mortality

Fannie Mae predicts a "coming exodus of older homeowners" as Boomers die, downsize or enter retirement homes, which will dump a ton of housing stock on the market and crash prices, finally making homes affordable for millenials. Read the rest

China's One Child Policy coming home to roost: old people, in big cities, frightened of the sky

Bruce Sterling says the future consists of old people, in big cities, afraid of the sky, and, as we all know, China is the future. Read the rest

White supremacy, minus gerrymandering: California GOP reduced to "third party status"

The only way for the party of old white dudes, rape, forced pregnancies, Islamophobia, homophobia, selfishness, pollution, climate denial, unchecked police violence and murder, xenophobia and hatred of Latinx people can get and keep power is by cheating: voter suppression, gerrymandering, etc. Read the rest

In America, the young find distinguishing fact from opinion easier than their elders

A recent Pew poll challenged subjects to distinguish between factual statements and statements of opinion in news articles; it found that there is a large gap in accuracy between 18- to 49-year-olds (32% of whom correctly labeled 100% of the facts, and 44% of whom correct labeled 100% of the opinions) and those aged 50 and up (20% correctly labeled all facts; 26% correctly labeled all opinions). Read the rest

Russians' support for Putin drops off a cliff after pension cuts

The latest data from Levada, an independent Russian pollster, finds that support for all Russian political figures, including Vladimir Putin, has plunged, following a shift in the pension system that raised the retirement age by five years. Read the rest

American tech adoption has flatlined

The Pew Center reports that there's been virtually no growth in US adoption of broadband, computers, mobile devices, or smart home devices for two years, and not just because of saturation: the top culprit is substandard, unavailable and/or overpriced broadband; also prominent is older peoples' fear of their own technological illiteracy. (via /.) Read the rest

A message to the kids from America's gerontocracy: DON'T VOTE

"Everything’s fine the way it is. Trump…that was us. He’s our guy. Tax cuts for the rich? Hell yeah, I’m rich as fuck. Climate change? That’s a “you problem”…I’ll be dead soon. Sure, school shootings are sad, but I haven’t been in a school for 50 years." Voter registrations close soon in many key states. Register here. (via Kottke) Read the rest

30 years after cyberpunk, Japan is still the (greying, insular, shrinking, climate-wracked) future

In the heady years of cyberpunk, Japan epitomized the future: gritty and neon-lit, urbanized and electrified, computerized and high-tech, dominated by massive corporations. Read the rest

UC Santa Cruz asks professors to rent their spare rooms to students who couldn't get housing guarantees

The director of housing for UCSC's Silicon Valley campus asked the university's 6,000 professors to consider sheltering their students to help bridge the shortfall between university-subsidized housing and the student body's needs, amidst the whitest of white-hot property markets in the nation. Read the rest

Vermont offers remote workers a $10,000 subsidy to relocate to the state

If your boss is willing to let you work from home and you don't mind shoveling snow in the winter, Vermont wants you and will pay you $10K over two years to defray moving costs. The state boasts great outdoor recreation, a high standard of living and a rapidly aging, shrinking tax-base. (Thanks, Fipi Lele) (Image: Chinissai, CC-BY-SA) Read the rest

Stagnant wages + soaring cost of living + massive cuts to services = collapsing US birth-rate

The US birth-rate continued to plummet last year, with births falling in nearly all groups, and a one-year dropoff in overall fertility not seen since 2010; the US fertility rate is at its lowest level in recorded history. Read the rest

US housing prices skyrocket for homeowners and renters alike

Since the crash of 2008, both home ownership and renting have been getting steadily more expensive, with median house prices rising to levels surpassing pre-crisis levels, while the ballooning private equity megalandlords pushed prices for renters to never-seen levels, using an eviction mill that saw more Americans thrown out of their homes than at any time in history to keep renters paying. Read the rest

Young people hate Facebook because it forces them to have a single identity

Social media has always had a real-names problem. Social media companies want their users to use their real names because it makes it easier to advertise to them. Users want to be able to show different facets of their identities to different people, because only a sociopath interacts with their boss, their kids, and their spouse in the same way. Read the rest

How 401(k)s created a class of suckers to be fleeced by the investor class

America's 1% have waged a long war on defined-benefits pensions, insisting that America could prepare for retirement by putting their money into 401(k)s, despite the stark evidence to the contrary. Read the rest

Why the voting age should be lowered to 16

Every American 16-year-old enrolled in high-school has to learn civics, with extensive instruction on the more confusing aspects of the American electoral system, such as the Electoral College; they are also required to study current affairs -- so why not let them vote? Read the rest

More posts