Comment
Comment by v-erne
I have seen this sentiment and on the surface its looks right. But I feel that we are missing here some real studies that should be done into impact of life style of the rich on the whole economy. I know few rich people (some of them ungodly rich). And seeing glimpses of their life style I cannot simply ignore cohorts of supporting jobs that make it all possibile (just to mentions few : private guards, house keeps, gardeners, cooks, private pilots on call, yaht crew members, drivers).