Best Of The Web
“The 2008 financial crisis and the subsequent recession had a significant impact on millennials and their money habits, even though many of today’s twenty- and thirty-somethings were students when Lehman Brothers collapsed 10 years ago.
A recent survey by Charles Schwab finds that 81 percent of those ages 16 to 25 watched their parents experience financial hardship following the 2008 financial crisis. And watching their parents struggle seems to have had a positive influence on millennials when it comes to how they save.
Over 40 percent of millennials report setting aside money on a monthly basis, according to the Allianz Life Generations study. That’s compared to 36 percent of Gen-Xers who report similar monthly savings. Allianz speculates that millennials are outperforming Gen X in part because they learned caution from observing their parents.”
JJ Best Of The Web
"Like many Western analyses of the Middle East, they reduce Iraq’s complex internal conflicts to catchall explainers of ‘sectarianism’ and ‘tribalism’ – presuming that some groups of people are intrinsically primed for antagonism."
" he's a loser in the precise sense that his singular accomplishment in American public life has been to lose a Senate race to the stupendously unpopular Republican Ted Cruz."
"While applauding the social impetus, Israelis are divided in opinions on an American-based initiative and question its grammatical integrity."
A look at the networks that churn out nonstop, formulaic Christmas movies; the actors who star in all of them; and the fans who can't stop watching.
"The Department of Homeland Security wants to use credit scores to determine immigration cases. That sets a dangerous precedent."
"Traffic. Congestion. Pollution. Hours-long commutes. What if you could leave it all behind and trade it in for an environmentally friendly and energy-efficient personal copter—all without a pilot’s license?"
"“But Qutb saw something else. The dancers in front of him were tragic lost souls. They believed they were free, but in reality they were trapped by their own selfish and greedy desires.”"
Cliches can be used as a political tool. "Prefabricated language helps everybody from prime ministers to CEOs disguise what they really want to say."
"Santa is nothing but stress for families who don’t believe in him. Trying to keep other kids from finding out the truth can cause a holiday-season-long headache."
"Umami is hard to describe in words. In the New Yorker, Hannah Goldfield defines it as “that deep, dark, meaty intensity that distinguishes seared beef, soy sauce, ripe tomato, Parmesan cheese, anchovies, and mushrooms..."
"The designer babies have thus been called the “future-we-should-not-want” for each new reproductive technology or intervention. But the babies never came and are nowhere close. I am not surprised."
"Thousands of secular Israelis became newly observant and joined Haredi communities in the 1970s and ’80s. Now, their children and grandchildren are searching for a place of their own."