These clowns still not realizing that wealth and trickle economics are mutually exclusive. By definition wealth is the hoarding of resources beyond one's necessities. One does not get wealthy by releasing their wealth.
These people will not make more jobs. They will reduce the number of jobs, pay less and expect more, and hoard the extra wealth created by the hard work of their workers.
This past year tech companies have reported record profits while also seeing one of the highest layoff counts in years.
Do NOT blame the devs for this. They are not the ones to decide the direction of the product or the priority of the tickets they work. Blame upper management for making these poor decisions and the product managers for being spineless and not pushing back.