More likely, we're in a dual economy. Even McDonalds is noticing it: https://www.nbcnews.com/business/consumer/mcdonalds-high-pri...

For the next 50 years or so, we have to accept that the US is a housing-anchored gerontocracy, with younger people expected to be the underclass serving the elderly. There are no checks and balances against the elderly in the US government, and of course there never will be.