Keeping the Rich Comfy: Your Job Future?

By Sam Pizzigati
October 28, 2012 - 8:49pm ET

We've lost our manufacturing economy in the United States. Now we're losing our service economy. We're rapidly becoming, some observers fear, a 'servant economy.'

Fire fighter, basketball player, lion tamer, teacher, nurse: Ask little kids what they want to be when they grow up, and you'll get all sorts of answers. But you’ll never hear this one. You’ll never hear youngsters say they want to devote their careers to serving rich people.

Today’s youth might want to reconsider. They’re facing an American economy where serving rich people increasingly seems to offer the best future with real opportunity. Or, as the economist Jeff Faux puts it, we’re well on the way to becoming a full-fledged “servant economy.”