What's wrong with politics? It is not red or blue. It is elderly versus not-elderly.
For 100 years the average age in the Senate (more so) and the House (less so) was fairly stable. But over the last 40 years the average age has sky rocketed.
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If gets worse
Boomers (57-75) and the Silent Generation (76+) are WAY over-represented compared to their share of the wealth and population (noted on chart).
Generation X (41 to 56) and Millennials (26 to 40) are relatively under-represented.
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Ditto the House
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Tech is generational and it is disrupting lives/business, both good/bad. How we use/regulate this tech is THE ISSUE moving forward. It folds into equality, climate and nearly everything else.
Our elderly leaders are not capable of understanding this.
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And now we have the oldest President in history
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The Superbowl TV ratings are looking like they were a disaster for the NFL.
Total viewers, which will be revised, were the lowest since the Colts beat the Bears in 2007. They were also the first time they were under 100 million viewers since 2009.
This includes streaming
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It gets worse. The % of TVs that tuned in were a 51-year low!
Everyone is stuck at home and has nothing else to do on a Sunday night ... a night where it was freezing and snowed in most of the northern half of the country.
Still they could not turn on the game.
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The key demographic of 18 to 49 year old is in free-fall!
Down more than 1/3 from a decade ago.
Not good for the long-term health of the game and why it looks like the NFL is becoming the sport of old people. Like baseball!
I’m getting the feeling the COVID deniers are now Reddit Revolter deniers.
Some are even arguing that WSB is a front for the hedge funds to play their games, that maybe retail does not really exist.
And it was just the flu.
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It’s a form of the Stockholm syndrome... where hostage have sympathy for their captors.
The Wall Street hostages are so sure their "Masters of the Universe" are orchestrating everything and will walk away the winner all the time, they will stand on their head to see it.
(2/4).
Fact is we might be seeing the greatest run of winning trades in Wall Street history, leaving wreckage of what was greatness in its wake.
Retail wins on
* meme stocks, "Masters" lose
* WFH stocks that funds missed
* Tesla
* Airlines and embarrassed Buffett along the way
The chart below is Trump's approval rating from January 22, 2017, to today.
It is the average of over 50 polling services into a "trend."
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Before last week, 2 things:
First, Trump got 48% of the vote in 2016 and 2020. But he never saw an approval rating of 48%.
No other president failed to achieve his election % in approval, and Trump failed to achieve it twice.
This is often cited as evidence of bias.
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Second, the range of Trump's approval was 11%, 5% using +/1 std dev (shaded).
This is far and away the tightest ever. Everyone's opinion about Trump was set and no daily "hyperventilation" of whatever Trump did, or did not do, meaningfully changed anyone's opinion.