CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

Paywall removed https://archive.is/LF76k

Am I just out of touch here? I feel like the more and more you destroy your middle class with get rich quick schemes, the more you fuck things up for everybody. Even yourself.

Let’s say I make $32,000 per year. Great! I’m going to eat some dorritos. But uh-oh! Now you’ve just been swept up in a mass lay-off wave.

And now, I can’t buy dorritos. And now multiply this times millions of other people. All not buying dorritos. Does the dorritos CEO not see a massive drop in sales? As people lose more and more spending power, with bills getting tighter and tighter, won’t the very concept of industry collapse, because all we’re doing is paying rent, paying electric, paying water, and struggling to do so? Don’t all other industries become luxuries? Movies? Can’t afford it. Video games? Can’t afford it. Socks? Ok…but just the one.

And then as WE collapse, don’t they collapse too? Or do they not give a shit, as long as this months quartly numbers look better?

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