Salandriagado wrote:Olerand wrote:1- All jobs lost are jobs lost, and wealth lost too. If they are "small" or "irrelevant" does not matter. They are potential wealth gone.
Losing jobs does not necessarily reduce wealth. What matters is whether more productivity is generated by the new, smaller workforce - and at present, that is very much the case.
Assuming we are talking about the UK it is very much not the case.



