An economy of lackeys and dogwalkers
Reader comment on: Taxing the 'Rich'
in response to reader comment: Teachers, firefighters and police provide more value
Submitted by NotCommie (France), Nov 30, 2010 09:00
One of the great points the French aristocrats had against the idea of a Republic was :" have you thought about our lackeys and wigmakers ? ". Caterers and luxury car makers are only lackeys, so are dogwalkers. No sound economy can be born out of this kind of activities.
The point is : Better public infrastructure benefits business. But better public service also benefits the middle classes and gives them back some spending power. And what middle classes like to buy generates much much more jobs than the "lackey economy". In the fifties and sixties, the aim of any R&D department was to sell a new one-dollar items to dozens of millions of consumers : the result was a job intensive growth. Now too many companies try to sell one millions dollar items to a few dozen people. The result is pure shit.
Wake up, you people : "trickle down" economics is a myth. Only massive production for the masses proves job intensive. One of our big problems is that no industry in this country really targets the middle and lower classes in its business plan... except foreclosure mills. Oops i forgot we do not have an industry anymore.
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