I agree. I just interviewed for a degree-required job that will pay significantly less than what I earned working at a certain fast food chain (a corporation practically synonymous with low wages). Granted, I put quite a few years in (at least by said fast food chain's standards) through high school and, after moving locations, college, and I made my way up to manager, but seriously? You are going to trust a significant aspect of your business with someone, require a higher education level and skill set, AND pay them less than completely unskilled labor? Employers can be cocky now (and probably for the foreseeable future, too) because people are desperate. But don't expect any loyalty. They have to realize they will get what they pay for, right?
What am I saying? At said fast food chain I couldn't count how many times the higher-ups would try to squeeze every last cent out of their people and their company with no regard to quality or trade-offs or any other nuance. Everything must be sacrificed at the alter of the bottom line. Corporate American culture has entered some scary, unsustainable territory.
And the recovery? Oh, it happened. Business is great! The financial crisis allowed the system to funnel all the gains straight to the top.
Yep they have to dance to Wall St's tune. And that tune is short term profits for investors, period. Nothing else matters.
I'm not surprised that company did that. I had a job, and a year ago interviewed at a company and the guy spent most of our hour of fun together trying to beat me down in price. But the thing is, I already have a job that pays me X, why would I leave that to go to your company so you can pay me X / 2? Does that make any sense? Are you going to cut your prices in half to your customers just to be a nice guy? I'd think not. I mean isn't this stuff obvious? I think they just get in arrogance mode and that's all they know after a while, and frankly if you don't want to take a job for half your current salary they don't care, they have 50 other people who are desperate who will jump all over it.
And I understand that, but why would I, me the dude sitting in your office right now? And you know the funny part (or not so funny) I made SURE to tell this guy EXACTLY what salary I currently made so that if it was out of what he's looking to pay, we weren't wasting our time. Shows what good it does to try to do that. I thought about that on the way home, like why did he waste an hour of my life if he's not looking to pay that, but it's just one of those things in life you will never know so no point wasting time trying to find a logical answer to that.
I see the US becoming third world within the next 30 years. My gut tells me we will have to become a totalitarian police state to maintain order with the certain unrest that will ensue. I expect to see more wars, both because business profits from it and fascists need external enemies to focus the people's anger on for all their problems. According to the Federal government even now over half of Americans live below the poverty line - that is only going to increase. I don't see a future here that is a whole lot brighter than most of our politicians. I don't hold out hopes of the communist Chinese being much better of a world leader than we've been, but that's probably how it will be given time. I'm personally giving serious thought to leaving the US when I get old.