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but they will return. LV wasn't destroyed by a biblical flood and the jobs are lost forever. you're looking at it at a different scale than the study (which is
by jiveturkey 7y ago
but they will return. LV wasn't destroyed by a biblical flood and the jobs are lost forever. you're looking at it at a different scale than the study (which is apparently 2 years).
even if your friends become homeless (let's hope it doesn't come to that), the jobs will return and someone will take them. there definitely will be some degree of fortunes that change at the exit of all this. but in economic terms, if 2 people lose their low paying jobs and 1 person gets a 2x+1 high paying job, the economy has grown.
- Proziam 7y ago> but they will return. In what time frame? How many businesses won't return because the owners couldn't afford to keep the thing going? How many business owners themselves will be wiped out because their primary income source has been shut down? How many people lose their homes and vehicles? How much wealth from the average American will be absorbed by banks as people get wiped out? ----- I cannot imagine a scenario where the economy is not depressed for years, just like 2008.