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Old Posted Jan 22, 2010, 1:47 PM
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flar flar is offline
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Join Date: Jan 2006
Location: Southwestern Ontario
Posts: 15,184
I certainly hope 50,000 jobs become available in Hamilton, but I'm still not a believer in the service economy. To me, the service economy is a whole lot of low paying jobs like retail, which is just what we've been seeing. The rest of the economy is hospital and education workers, who will presumably overeducate future generations in preparation for underemployment. So we have a bunch of moderately paid public sector (health and education workers being paid with tax dollars) supporting nine Walmarts, where everyone else works. Sounds unsustainable to me.
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