Quote:
Originally Posted by Drybrain
That's the difficulty in NS, isn't it? Trades and resource extraction are becoming less important to the overall economy, but to follow free-market logic and allow them to just die abruptly will be too painful for the people and communities that rely on them. But the opposite—artificially inflating flagging economies with government investment in dying industries—is no solution, since it'll only prolong the inevitable and leave us even more unprepared for the future.
How do we transition, rapidly, to a white-collar, educated, "creative class" (there aren't enough scare quotes in the world to surround those words, but you know what I mean) economy, while easing the pain for the workers left behind?
I don't know, exactly. Just asking.
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This is fundamentally Nova Scotia's systemic problem for the last century. Every single government has vacillated between propping up dying industries, and hoping on the bandwagon of the latest economic saviour.
It is painful to change directions, and there is no doubt that the effect of that needs to be mitigated, but at some point we have to acknowledge that we are just falling farther and farther behind.