Quote from Tsing Tao:
1. retrain for different skills
2. accept loss or declare bankruptcy to get out of your underwater home and MOVE to a location where there are jobs.
3. accept less pay. How is it I cannot walk into a target or walmart these days without seeing a "now hiring" sign?
my question back to you is "how long is enough?" should we simply pay people not to work for their entire lifespan? Is that enough?
I dont know. Is the unemployment rate of 10% real, or not?
You're right about less pay, but give the American working person credit, he's been doing that for years now.