Do you remember the mantra…more or less…?
Back in the early 1980s it is a tough job laying people off and cutting pay, “we have to do this” as in it sucks.
Did we really? Yes we did.
Somewhere along the way we lost track in some quarters that it is sorry behinded behavior to screw over your workers/neighbors.
More recently the same crowd is showing their colors towards women and minorities as in we wont screw over you just someone else who we deem as lesser than.
All of this is stupid as far as econ goes.