Unfortunately, loss of jobs in American doesn't come with free “adapt, retrain” like it does in many European countries. It's still very third-world in terms of

Unfortunately, loss of jobs in American doesn't come with free “adapt, retrain” like it does in many European countries. It's still very third-world in terms of that. If you lose your job, and haven't saved much (and many Americans don't, because of all the advertising that encourages overconsumption), you'll be out on the street or in a homeless shelter if you are unable to pay for your house. If a 35-year old coal miner has bought a house with a middle-class income and suddenly gets laid off, he could be in that shelter within a year. That is why people are so concerned with holding on to jobs.