Quote:
Originally Posted by SebC
Whilst it's generally true that in the long run, most people will have jobs (because the labour market self-corrects), you can't just shift your economy from something where you have a big competitive advantage (it's hard for places that don't have oil to extract it) to something where we don't have a big competitive advantage and expect the same quality of jobs.
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But in the long run, the amount of jobs lost will be evened out by the amount of jobs gained, whether its directly or indirectly. That was my point.