Good Morning Gentle Readers,
As you may know, there are now wineries in every state in the union and this story illustrates what happens when demand for wine ramps up as it has during the last two decades.
The back story is the creative destruction that accompanies economic change. Nobody smokes anymore and demand for tobacco has plunged, resulting in fallow farmland, which in turn can be put to better use as vineyards. Textiles aren't made in America any longer and all of your hand wringing and tears are not going to change that reality. But market changes also create new opportunities and new careers that weren't available just a few short years ago.
Nobody laments that there aren't many jobs manufacturing radio tubes, buggy whips, or delivering ice to homes in the neighborhood. That's because there are jobs making and repairing computers, televisions, automobiles, and refrigerators.
It is how markets work and you cannot legislate it away without creating unintended consequences of a different sort.
Can't see the video? It's here.
Tip of the glass to Deborah B
TWC 🍷Photo Credit (unless otherwise noted): ©TWC, all rights reserved