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this post was submitted on 29 Oct 2024
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No Stupid Questions
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No such thing. Ask away!
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It's the same as in every business: those making decisions think that the decision making is the hardest and most important part of the equation. Not only that, they believe that it is their right and that they worked very hard to get where they are.
There are two reasons they have to believe that:
The common argument that is brought up against change now is capital flight: "if businesses and rich people were taxed too much, they'd leave the country". There is a great fear that they will leave and take all the good jobs with them. The counter argument to that is: they aren't the only ones with brains to get a business going. Rich people aren't smarter than non-rich people, businesses that leave did employ people from whence they left and they also probably sold to the people in that area or country.
Now, of course the speed of departure, the political reaction, and the location are important.
Speed: instant departure can have a serious impact as the jobless might not be able to find other employment quickly. A graduated departure allows that however and also makes it possible for people to focus on other jobs/specialisations in the first place.
Political reaction: depending on where you are, providing recertification and training courses, having good welfare programs, and most importantly having an exit tax can help soften the blow of departure
Location: A big employer leaving a small town can be devastating. A small employer leaving a city, less so. A big employer leaving a city can burden the city, but the other factors are important.