Most companies in America pompously keep projecting how much they invest in their employees and how hard they work for them. Some even go so far as to say "people" are their best assets. Really? How come then whenever the stock market sneezes the headcounts of most organizations catches colds? And how can people be their best assets if the pool of people employed is not even constant?
Wouldn't it be a better strategy to not lay off people but just reduce the salaries of everybody across the board? Yes, everybody would have to live more frugally but wouldn't everybody get to eat and go to school? Wouldn't the economy be better if everybody earned less but more people remained employed?
Should companies be allowed to keep shareholders happy under any circumstance? even at the cost of larger economics?
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