Quote:
Originally Posted by Mortal1
Thinking this is "new" is a huge mistake. George Santayana said, ""Those who do not remember the past are condemned to repeat it." This sort of problem has existed for centuries and will always exist as those who have learned from the past die and a few generations later make the same mistake...call it "negative common sense."
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In 1974, the biggest contributor to the economy was heavy manufacturing.
In 2022 it is healthcare and technology.
Applying the same rules to a very different economy might not work.