New economic thinking is needed! Certainly a too late response is job insurance for one industry towns (possibly by responsible industries supported by the strenght of the federal government.) But we should go further and ask: what needs are there in all communities and why is there no money to answer these needs? Look around at what could be better, what can be built. There should be ways to make things happen. “(F)ood and cheer and song above hoarded gold”.
It’s the old money is like manure saying. Spread it around and it does a lot of good, hoard it up and it stinks like hell.