OTOH US manufacturing employment declined by ~30% in less than a decade starting in 2000 and the country is still reeling from the fallout. I suspect it will be several decades still until the social problems caused by that economic shift are resolved, if they ever are.
In the UK, many families who were plunged into poverty during the 1980s have yet to recover.
So if history is any guide, I don't think it's a sure thing at all that everyone will have time to adjust.
In the UK, many families who were plunged into poverty during the 1980s have yet to recover.
So if history is any guide, I don't think it's a sure thing at all that everyone will have time to adjust.