Yes, sorry I misremembered. That was under 35. Its around 50% for people under 45. I am just pointed out the trends. I am not even sure what I mean by collapse, but maybe some sort of revolution or war. Most of society does not believe in the american dream, does not believe hard work is enough to succeed, we are seeing crazy amounts of inflation, government services are being cut, housing is WAY outpacing inflation. It's dangerous to have a society with 18-30 year old males unemployed, single and completely disillusioned. AI will almost certainly completely destroy the job market. What will happen in the next 10 years? Certainly something most of society would consider horrible, but is that a "collapse"?
> we are seeing crazy amounts of inflation
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.
Do you really think the government should be responsible for creating meaning in peoples lives? Most people who are unemployed are so by CHOICE. There are far too many people out there wanting to "create content" for a living, i.e. play video games on stream or spread antisocial propaganda. It's a thoroughly useless occupation that imparts no economic value to society or edification to the people consuming said "content". This idea that AI is going to "destroy" the job market is just an excuse, a cop-out a rationalization of ones failure to invest time =or energy developing marketable skills because "there's no point"
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.