When you talk about retraining people — it’s not like they’ll all go become computer technicians by taking junior-college courses or something like that. | |
But you’ve also got to deal with the people that are displaced. The free market does all kinds of good things in this country, but we need a safety net. Society is getting the benefits, and it should pick up the tab. | |
The market isn’t perfect. You can’t rely on the market to give every single person a decent living. | |
— Warren Buffett | |
(Discussing social safety nets for workers in dying industries.) | |
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