In this hypothetical I am the cobbler, thus I'm the one with the problem. Even if I wasn't the cobbler, if the same circumstances are repeated across a large number of industries I have to be worried when a large number of people are made effectively unemployed and unemployable in a short period of time.
The cobbler has money left over from before the time China became more efficient. Remember how I mentioned there was a change from where China was less efficient to a time where China is more efficient.
Since you apparency have great difficulty with the concept that things can change with time I'm going to consider any further discussion on this pointless and will not respond to you any further.
> if the same circumstances are repeated across a large number of industries I have to be worried when a large number of people are made effectively unemployed and unemployable in a short period of time.
You were just complaining that you didn't want to think about what would happen if this "problem" occurred at a systemwide level. What would happen is not compatible with your worries.
If you're then going to insist that the cobbler's problem matters because it happens simultaneously to everyone else, you need to consider the systemic effects. At the system level, this problem cannot exist.
The cobbler has money left over from before the time China became more efficient. Remember how I mentioned there was a change from where China was less efficient to a time where China is more efficient.
Since you apparency have great difficulty with the concept that things can change with time I'm going to consider any further discussion on this pointless and will not respond to you any further.