We’re in a cutting cycle. Today the CEOs will be rewarded for “trimming the fat” and outsourcing everything or replacing as many workers as they c can, which wi

We’re in a cutting cycle. Today the CEOs will be rewarded for “trimming the fat” and outsourcing everything or replacing as many workers as they c can, which will result in disarray but that CEO will have left before then. Tomorrow another will be rewarded for half-fixing all those terrible decisions before the cycle repeats. It’s simply a way to drive down wages and increase profits. Every time the “recovery” cycle happens, less jobs are added and wages are the same or lower, either literally or because the job has been expanded with 2x the expectations.