Is America headed to a point of too many people, not enough work? Is life for an average American better than 50 years ago? I have asked about automation in my first question. Then I've asked a couple of others but I guess I am asking too general? I read it should be more precise. America was a strong nation for many for a long time; now it looks like it just going that way for a few. think so?
50 years ago would being us to 1965. My Aunts and Uncles are very old, I'm 22, and they all say the same thing about people as young as me; "What future will they have?" In some countries population is lowering so much they actually want people to have more kids because of not enough jobs being filled. In America, over 300 million people and most already in poverty. If this was 1965 people would be more optimistic. Now, this decade, technology has come so far in what it can do, not as many humans to none are needed to do certain things anymore.
In the last 50 years taxes are higher, jobs are outsourced to other nations instead of being done by Americans here, automation is increasing so rapidly it is expected that by 2025, even truck driver jobs will start to diminish. Retailers are already shutting down due to online competition from Amazon and restaurants are getting there too with tablets being placed at tables to take orders. Another bad factor facing the nation is the rise of income inequality. Standard cost of living has raised high while wages have stagnated in some places or lowered in others. The rich are richer than ever, but most of us apart from them have such a small portion of the wealth of America for the work we do or investments we've made.