Today, however, in a rare burst of honesty about what his refusal to interfere with the world as it is, Matthew Yglesias pens a quick note designed to convinced those without that their future lies as the body servants of those with. To wit:
As people get richer, they eat at fancier places where service is more labor-intensive so we’ll have more sommeliers and waiters. Not only will there be more old people in the future, but the richer old people of tomorrow will be better cared-for and have more caretakers of various kinds per capita. People will go on more frequent and more ambitious vacations with all the extra commerce that implies.
I suppose standing in front of the US Congress and saying “imagine the extra stuff your family would do if it were 15 percent richer; now imagine some more people providing those services—that’s how we’ll win the future.” But sometimes the truth is a little boring.No go out there and deregulate for the children, fully-employed sommeliers and body servants of the future.