- I saw his caution play out among other friends and acquaintances, as their big bucks jobs disappeared and they had to seek other professions as a result.
- Heck, it happened to my gaggle in the 1990s, when Reagan's defense buildup ceased and a flood of young aerospace engineers moved into a range of non-engineering professions.
Such is the way of progress.
In economics, it is called "creative destruction," and we find examples of it ranging back to the beginnings of the Industrial Revolution...