Quote:
Originally Posted by NuclearFart
Is it really? To quote an old cliche: if everybody was rich, then everybody would also be poor. During a boom, I can buy one house at 100$, but during a full blown recession with the same salary, I can buy 100 houses at 1$ foreclosures....  |
There's another cliche that says a rising tide floats all boats. Virtually everyone in the public service in Alberta in 1993 would probably not agree that they are immune to hard times.
If you were right, everyone in public service would be stampeding to newfoundland - or even rural alberta where relatively speaking it's much more advantageous.
I'll agree that if you are rich enough, a recession is irrelevant. No one still working for a living is that rich.