

Unemployment is also much easier to address than worker shortage. Paying for welfare of the unemployed is far preferable than importation of labour, or a export/downgrade of jobs/companies.
Similar our gripe with inflation as it hurts us a lot but the pains of deflation is a completely different magnitude of hurt on everyone who has debt.
I wonder and am a bit nervous that this can play out and set precedents that further entrench corporations above the state.