Comment Comment by WA Way too simplistic view.> increase supplyNot necessarily. Supply could stay the same.> drives down pricesNot necessarily, if raw materials got more expensive.> The only negatives are on the individualYou might want to have a look at youth unemployment rates. Sometimes, there simply are no jobs: https://ourworldindata.org/grapher/unemployment-rate-for-you...Changing careers reduces your income and your purchasing power. If it happens to too many people at once, standard of living decreases.You simply neglect demand in your entire argument. parent WA 6 days ago
> increase supply
Not necessarily. Supply could stay the same.
> drives down prices
Not necessarily, if raw materials got more expensive.
> The only negatives are on the individual
You might want to have a look at youth unemployment rates. Sometimes, there simply are no jobs: https://ourworldindata.org/grapher/unemployment-rate-for-you...
Changing careers reduces your income and your purchasing power. If it happens to too many people at once, standard of living decreases.
You simply neglect demand in your entire argument.