I can't believe nobody has brought this up, but the threat isn't even that there will be too many electricians. The threat is the question: "who is going to pay for these electricians at all?"
It's such a privileged first world attitude to just assume that no matter how bad it gets, we'll always have all this money to pay for expert labor for our homes and businesses.
The idea never even comes up that if the economy gets pushed too far and the middle class truly disappears, nobody can afford a plumber or an electrician. You either make do or go without. And that entire sector of work crumbles too, which creates a feedback loop for economic failure.
It's such a privileged first world attitude to just assume that no matter how bad it gets, we'll always have all this money to pay for expert labor for our homes and businesses.
The idea never even comes up that if the economy gets pushed too far and the middle class truly disappears, nobody can afford a plumber or an electrician. You either make do or go without. And that entire sector of work crumbles too, which creates a feedback loop for economic failure.
That why we call it a house of cards.