"... Many of those workers were cashiered for no reason other than outright greed by corporate managers. And that cruel, irresponsible, shortsighted policy has resulted in widespread human suffering and is doing great harm to the economy."
Anguishes Bob Herbert in a column called "A Sin and a Shame." How is it a sin — greed! — or treachery for a business to operate efficiently by laying off employees when there is less work to be done? Herbert does say that there was a disproportion between the number of people who were laid off and the decrease in the amount of work that needed to be done. That is, the workers who kept their jobs became more productive. But what is the evil in that?