THE RICH,RICHER AND THE POOR,POORER 313 pay for the previous generation's retirement and to done so legally. fi/lance much of the budget deficits of the 1980s.Among symbolic analysts in the middle range are Moreover,with relatively fewer young Americans in American scientists and researchers who are busily the population,the supply of housing will selling their discoveries to global enterprise webs. likely exceed the demand,with the result that the They are not limited to American customers.If the boomers'major investments-their homes-will be strategic brokers in General Motors'headquarters worth less (in inflation-adjusted dollars)when they refuse to pay a high price for a new means of making retire than they planned for.In consequence,the high-strength ceramic engines dreamed up by a huge cost of caring for the graying boomers will team of engineers affiliated with Carnegie-Mellon fall on many of the same people who will he paid to University in Pittsburgh,the strategic brokers of care for them.It will be like a great sump pump:Honda or Mercedes-Benz are likely to be more than In-person servers of the twenty-first century will willing. have an abundance of healthcare jobs,but a large So,too,with the insights of America's ubiquitous portion of their earnings will be devoted to Social management consultants,which are being sold for Security payments and income taxes,which will in large sums to eager entrepreneurs in Europe and turn be used to pay their salaries.The net result:no Latin America.Also,the insights of America's real improvement in their standard of living. energy consultants sold for even larger sums to Arab The standard of living of in-person servers also sheikhs.American design engineers are providing depends,indirectly,on the standard of living of the insights to Olivetti,Mazda,Siemens,and other Americans they serve who are engaged in world global webs;American marketers,techniques for commerce.To the extent that these Americans are learning what worldwide consumers will buy; richly rewarded by the rest of the world for what American advertisers,ploys for ensuring that they they contribute,they will have more money to actually do.American architects are issuing designs lavish upon in-person services.Here we find the and blueprints for opera houses,art galleries, only form of trickle-down'economics that has a museums,luxury hotels,and residential complexes basis in reality.A waitress in a town whose major in the world's major cities;American commercial factory has just been closed is unlikely to earn a property developers,marketing these properties to high wage or enjoy much job security;in a swank worldwide investors and purchasers. resort populated by film producers and banking Americans who specialize in the gentle art of moguls,she is apt to do reasonably well.So,too,public relations are in demand by corporations, with nations.In-person servers in Bangladesh may governments,and politicians in virtually every spend their days performing roughly the same tasks as nation.So,too,are American political consultants, in-person servers in the United States,but have a far some of whom,at this writing,are advising lower standard of living for their efforts.The the Hungarian Socialist Party,the remnant of difference comes in the value that their customers Hungary's ruling Communists,on how to salvage a add to the world economy. few parliamentary seats in the nation's first free Unlike the boats of routine producers and in- election in more than forty years.Also at this writing, person servers,however,the vessel containing a team of American agricultural consultants are America's symbolic analysts is rising.Worldwide advising the managers of a Soviet farm collective demand for their insights is growing as the Base and employing 1,700 Russians eighty miles outside speed of communicating them steadily increases. Moscow.As noted,American investment bankers and Not every symbolic analyst is rising as quickly or as lawyers specializing in financial circumnavigations dramatically as every other,of course;symbolic are selling their insights to Asians and Europeans who analysts at the low end are barely holding their own are eager to discover how to make large amounts of in the world economy.But symbolic analysts at the money by moving large amounts of money. top are in such great demand worldwide that they Developing nations,meanwhile,are hiring have difficulty keeping track of all their earnings. American civil engineers to advise on building roads Never before in history has opulence on such a scale been gained by people who have earned it,andTHE RICH, RICHER AND THE POOR, POORER 313 pay for the previous generation's retirement and to fi/lance much of the budget deficits of the 1980s. Moreover, with relatively fewer young Americans in the population, the supply of housing will likely exceed the demand, with the result that the boomers' major investments—their homes—will be worth less (in inflation­adjusted dollars) when they retire than they planned for. In consequence, the huge cost of caring for the graying boomers will fall on many of the same people who will he paid to care for them. It will be like a great sump pump: In­person servers of the twenty­first century will have an abundance of healthcare jobs, but a large portion of their earnings will be devoted to Social Security payments and income taxes, which will in turn be used to pay their salaries. The net result: no real improvement in their standard of living. The standard of living of in­person servers also depends, indirectly, on the standard of living of the Americans they serve who are engaged in world commerce. To the extent that these Americans are richly rewarded by the rest of the world for what they contribute, they will have more money to lavish upon in­person services. Here we find the only form of `trickle­down' economics that has a basis in reality. A waitress in a town whose major factory has just been closed is unlikely to earn a high wage or enjoy much job security; in a swank resort populated by film producers and banking moguls, she is apt to do reasonably well. So, too, with nations. In­person servers in Bangladesh may spend their days performing roughly the same tasks as in­person servers in the United States, but have a far lower standard of living for their efforts. The difference comes in the value that their customers add to the world economy. Unlike the boats of routine producers and in￾person servers, however, the vessel containing America's symbolic analysts is rising. Worldwide demand for their insights is growing as the Base and speed of communicating them steadily increases. Not every symbolic analyst is rising as quickly or as d ramatically as every other, of course; symbolic analysts at the low end are barely holding their own in the world economy. But symbolic analysts at the top are in such great demand worldwide that they have difficulty keeping track of all their earnings. Never before in history has opulence on such a scale been gained by people who have earned it, and done so legally. Among symbolic analysts in the middle range are American scientists and researchers who are busily selling their discoveries to global enterprise webs. They are not limited to American customers. If the strategic brokers in General Motors' headquarters refuse to pay a high price for a new means of making high­strength ceramic engines dreamed up by a team of engineers affiliated with Carnegie­Mellon University in Pittsburgh, the strategic brokers of Honda or Mercedes­Benz are likely to be more than willing. So, too, with the insights of America's ubiquitous management consultants, which are being sold for large sums to eager entrepreneurs in Europe and Latin America. Also, the insights of America's energy consultants sold for even larger sums to Arab sheikhs. American design engineers are providing insights to Olivetti, Mazda, Siemens, and other global webs; American marketers, techniques for learning what worldwide consumers will buy; American advertisers, ploys for ensuring that they actually do. American architects are issuing designs and blueprints for opera houses, art galleries, museums, luxury hotels, and residential complexes in the world's major cities; American commercial property developers, marketing these properties to worldwide investors and purchasers. Americans who specialize in the gentle art of public relations are in demand by corporations, governments, and politicians in virtually every nation. So, too, are American political consultants, some of whom, at this writing, are advising the Hungarian Socialist Party, the remnant of Hungary's ruling Communists, on how to salvage a few parliamentary seats in the nation's first free election in more than forty years. Also at this writing, a team of American agricultural consultants are advising the managers of a Soviet farm collective employing 1,700 Russians eighty miles outside Moscow. As noted, American investment bankers and lawyers specializing in financial circumnavigations are selling their insights to Asians and Europeans who are eager to discover how to make large amounts of money by moving large amounts of money. Developing nations, meanwhile, are hiring American civil engineers to advise on building roads