You assume service industry means everyone is doing high paying mental work? Not everyone is capable of being a doctor or a lawyer. For most people working in the “service industry” they are providing services to the upper class. Maids, waiters, cleaners, cooks, delivery drivers. We don’t pay teachers living wages. The country only needs so many accountants. Anything tech or customer service related that can be outsourced is sent to India.

Just like a stock portfolio, the economy is healthier if it is diversified. That means we need to bring back manufacturing. Maybe then, people besides just lawyers, doctors, and engineers will be able to afford to go to a restaurant.