3. Living standards declining
Not everyone is optimistic regarding the changes that the United States will go through by 2050. Some of them think that income gaps will become wider and wider, which will lead to a decline in living standards.
As for political parties, both Republicans and Democrats think that income inequality will continue to grow by 2050, but they don’t share the same opinion over the duration for which the federal government should make it a priority to reduce the gap between those who are poor and those who are rich.
Moreover, the citizens are unsure regarding the living standard of the average US resident: 20% of people who participated in this research think that the situation is going to get better over time, 44% say that things are going to worsen by 2050, and 35% say that there’s not going to be any major change. Where do you stand on this? Leave a comment below!
4. Tough financial situations for seniors
Another thing people in the United States are scared about is the financial situation of the elderly. Many people fear that American citizens over the age of 65 are more likely to experience a worse standard of living by 2050 compared to the one they have today.
And the bad expectations continue because 3-quarters of those who participated in this study claimed that, in their opinion, seniors will be less prepared for retirement than their counterparts nowadays. They also think that in the future, seniors might need to go back to work (even in their 70s) to be able to afford their retirement years.
The Social Security system is another concern that people have. According to their responses, more than 40% of citizens who aren’t retired say that by 2050 there won’t be enough money to provide retirees any benefits. On the other hand, 16% of these people think that there will be enough money for everyone, while the rest of the 42% say that there probably will be certain benefits, but at reduced levels.
Do you think that America is going to be destroyed by 2050? We can only hope that something like this isn’t going to happen, but we have to wait and see where things go!
…If you want to read something else from us, here’s an article for you: 5 Most Devastating Things Biden Did to America!