Archive for March 22nd, 2011

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.)


Read Full Post »

%d bloggers like this: