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I'm no economist, but that 5 million saved will be spent on other job creating activities. Perhaps it won't be a 1:1 replacement, but it's certainly not the el
by finolex1 7y ago
I'm no economist, but that 5 million saved will be spent on other job creating activities. Perhaps it won't be a 1:1 replacement, but it's certainly not the elimination of 50 jobs.
- jedberg 7y agoYes, 50 bus driver jobs, which require maybe a high school education, was replaced with teacher jobs, which require an education beyond bachelors. Those aren't equivalent jobs. Those bus drivers are SOL because most of them aren't interested in retraining.
- isostatic 7y ago> most of them aren't interested in retraining And this is the problem. Culturally many people seem quite happy to leave high school and get a menial job. Those jobs are vanishing, just like jobs for elementary school dropouts vanished decades ago. Society doesn't need people who are unwilling to aim higher than driving a bus for 50 years. This doesn't mean everyone needs to have a phd -- there's plenty of jobs for trained plumbers, electricians, mechanics etc, but those all require training post high school.
- SideburnsOfDoom 7y ago> that 5 million saved will be spent on other job creating activities. Will it? I mean, it might, but I wouldn't bet on it.