By 2050, an estimated 25 million people in the US will be over the age of 85, and expecting to live to a 100 at least. Will the US embrace these seniors as a source of wisdom or as a burden ? I guess it depends on their wealth….
… Medical advances in the area of genetics will ensure that they will be healthier, and expecting a more active lifestyle. Advances in plastic surgery certainly will ensure that none of them look their age. On the other hand the cult of youth worship will ensure that the better jobs go to younger and younger people..
And as the US loses it’s manufacturing and it’s technical base to the rest of the world, there will be less and less jobs for the younger people, and the US will experience for the first time significant emigration rather than immigration. Of the best and the youngest. There will be fewer and fewer effective young working people paying taxes to support the enormous medical and other support costs of the older population. Pensions funds that were never designed to be paid to an individual for over 35 years (assumings a retirement age of 65) will dry up, and there will come a time when the younger populace will begin to resent carrying the burden of the older people, and the older people will live in gated communities to protect themselves from being atttacked by roving gangs of unemployed youth. Unless ..
… unless the US embraces immigration. Immigrants that revitalize the economy, that produce more kids and are hungry to succeed and make a life for themselves.