Even if things in fact balance out in the way you described, the problem is that it takes too long. The market has intertia. Sending everyone to school for retraining could be good idea if not for the fact that those people who have years of training ahead of them need food <i>now</i>. Since they&#x27;re unemployed, they won&#x27;t have money to buy it and they will die a horrible death. Unless, of course, you propose for the public to feed them through the process, at which point we&#x27;ve got basic income, so we may as well get rid of the retraining part entirely.