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Good point. Also, the income of a service company is mostly going into the pockets of the service providers, and if those service providers are well-paid then
by sethg 17y ago
Good point.
Also, the income of a service company is mostly going into the pockets of the service providers, and if those service providers are well-paid then they're more likely to save their marginal dollar instead of spending it. So from a Keynesian point of view, this is not the kind of business you want to throw money at during a recession.