There are more than 1.5 million nursing-home beds nationwide that provide intensive health- and personal-care services to the elderly.

WSJ: Health-Care Owners Shun Nursing Homes

Over the past three months sales across the leisure, personal care and travel sectors fell but professional services to businesses, such as law, fared well.

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And in an economy in turmoil, women dominate growing industries fields like health-care, education and personal services and are responsible for starting two out of every five small businesses.

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More than 1 million seniors would lose homemaker services and 1.5 million would lose in-home personal care services.

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After all, on top of his personal care and administering the estate, he performed legal services for the estate.

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Rewards in a market economy must be shared because everyone contributes goods and services to that market economy, including the unemployed, who continue to raise children, care for elderly parents and support with personal services the working people within their midst.

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For most of the past three decades, the price of non-durable goods has been falling relative to the price of the services investment advice, personal care, domestic help and so on that the rich spend more of their money on.

ECONOMIST: Economics focus