These are the sort of austere cutbacks that CEOs are trying to induce. They are trying to create economic panic and raise the unemployment rate. They are desp

These are the sort of austere cutbacks that CEOs are trying to induce. They are trying to create economic panic and raise the unemployment rate. They are desperate to raise the unemployment rate. In case anyone wasn't paying attention in the past fifteen years, execs have been saying "Times are tough" ever since 2008. Whether or not it's true doesn't matter to them; they just don't want to pay you more.