The Upside of a Down Economy


Eating lunch in a communist country, I asked the waitress if the water had been boiled. “More or less,” was her indifferent reply. She came back half an hour later with a part of our meal, flinging it on the table, spilling some, and disappearing before we could bother her with more fool questions. Another half hour yielded the next part, and so on. All told, our order took about three hours. I think she liked us, actually; but what’s the incentive to rush if you can’t get fired and the pay’s the same no matter how hard you work?

Did you know the U.S. is a “service economy?” That means most of our GDP comes from providing sales, advice or labor of some kind; as opposed to manufacturing goods.

So, how do you like the service?

I’ll tell you how small business owners like it: phooey. My entrepreneurial friends put in long hours and take huge risks to build up their tiny enterprises. In the meantime, their employees skulk in late, work while stoned and steal from the cash registers. They consider themselves above the work for which they were hired, and demand raises after a month. Employers go begging for workers acquainted enough with the alphabet to file correctly, who have a positive attitude, or at least no ‘tude at all.

That’s where this terrible economy will help. We’re going to pay closer attention to what we’re doing because we’re going to be walking the tightrope of life without a safety net. We’re going to gripe less about our jobs and just be really, really glad there’s food on the table. We’re going to work above our pay grades.

The customer will be king again. Imagine barely crossing the threshold of a warehouse store before someone offers to help you. Imagine your fast food order being right the first time. Imagine someone checking “in the back” for you.

Could all this fear and uncertainty actually ultimately make us more grateful for what we have and therefore happier? Stay tuned.