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Originally posted by sgtclub
I have far less of a problem with job retraining than I do with straight up benefits, which I thought is what he was suggesting.
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From an economic perspective, we can assume that the two are fungible, since displaced workers will surely use the money rationally in the way that makes them best off -- perhaps to buy job retraining on the private market.
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I have no idea what you meant here.
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See Thomas Sowell in Capitalism Magazine ("In defense of individual rights"),
here.
