A Trump science and technology adviser argues America's affordability crisis is pushing the country toward socialism — bad news for the wealthy and for anyone hoping the current system holds, though AI is framed as the way out.

• Most Americans live paycheck to paycheck, and costs are rising faster than pay, which is fueling anger at the rich.
• The claim: government money flooding into college, healthcare, and housing is what made those things unaffordable in the first place.
• Wealth taxes are the wrong fix and would push rich people out of California the way France's wealth tax pushed them out of France; better to tax stock sales and loans taken against stock, which the rich currently use to spend tax-free.
• Owning a home is called one of the great lies — buying the S&P 500 would have beaten homeownership for many people, and rising house prices have locked young buyers out.
• On AI: the fear that it kills jobs echoes panic over mainframes in the 1960s and desktop computers in the 1980s, and jobs went up both times.

Outlook: Expect more political pressure for wealth taxes and government handouts, more millionaires relocating, and a hiring picture that shifts against entry-level roles even as overall demand holds.