Economics 101 also notes that your view is still quite lacking, as the Baumol effect is far from being settled as 100% the bloody cause, as there is significant

Economics 101 also notes that your view is still quite lacking, as the Baumol effect is far from being settled as 100% the bloody cause, as there is significant non-supply side effects that may account for shifts from the progressive sectors to the stagnant sectors, not the least of which being off-shoring. The dismal science continues to deliver hand waving and prognostications more than satisfactory answers.