[_jal]

An important point, but I hope it is recognized that "we" don't do economic downside-mitigation, at least in the US. People said the same thing about NAFTA - they'd fix it in post. I think there were some half-hearted education efforts and a bit of other fluff, but nobody who could actually do anything really cared. You can see this pattern repeated over and over.

I only mean to pick on the US a little; we are worse than some other nations, but the problem is not unique to us. Humans just generally don't mitigate big, looming collective action problems. They ignore it until it happens and then whine that nobody did anything. Or, if it only effects the already-poor, everyone else settles on a narrative that it is their bad morals or laziness or whatever excuse doesn't make people think too hard.