To this extend, if AI takes all the jobs, people would be able to still be alive. Call me sci-fi romantic, but this is basically Star Trek. And they have still a society where everybody can pursue their interests regardless of income because computer and robots taking care of basic needs.
I think society has nothing to do with money, sharing and caring is more important. And every individual in a society can contribute to this, regardless of wealth.
Even so, the housing market problem is largely a modern one - we went from a society where the majority of homes were multi-generational to one where homes are nuclear. So per capita, the demand for homes has skyrocketed. But also as baby boomers are retiring and shedding assets, I would anticipate this situation could improve itself in 10-20 years.
The administration is doing some pretty horrible stuff by modern first world standards, but is not actually out of alignment with how politics existed before the Cold War. We'll probably witness the end of Pax Americana, but society can continue to exist even in illiberal times where war and violence are more common.
We had two bad years, 2021 and 2022, and then it's declined. It's not stellar, it'd be nice if it were lower but it's not "crazy". In US history, the 1970s and 1980s were overall far worse, and if you look at other countries around the globe our worst isn't even that crazy.
https://www.investopedia.com/inflation-rate-by-year-7253832
https://data.worldbank.org/indicator/NY.GDP.DEFL.KD.ZG?locat... - Argentina. That's crazy amounts of inflation, and that's not even the worst out there. Meanwhile, Argentinian society is overall doing alright.
If the US collapses with 3% inflation, then it wasn't the inflation that caused the collapse. Something else is fundamentally wrong with a society that can't be resilient against that.
The pendulum swings.
This might get worse before it gets better. Germany and Japan grew after Nazism. China, despite its flaws, has seen their people grow happier and is leading the charge in many domains.
The future is scary and the administration is doing harm. We may lose our advantages as a nation, we may struggle economically or scientifically. But a collapse of economy - let alone society - in just 10 years is astronomically unlikely outside of a nuclear or biological war.
Even if we plummeted to Russia's level of economy and corruption, Russia still exists after a hundred years of it all, with some of the largest scale genocides & repression campaigns in human history.
But that's not really happening. Despite it all, the US is largely doing fine? The markets seem to believe they can bear the worst of it until the pendulum swings again.
To turn this around on you, if you think society is doing well and has almost no chance of collapse you probably have a net worth/assets of at least 1 million dollars.