The Purpose Of Unemployment…

The good old days....

...is to benefit the owners.

"We need to see unemployment rise," he argued. "Unemployment has to jump 40 to 50 percent, in my view. We need to see some pain in the economy. We need to remind people that they work for the employer, not the other way around... There's been a systemic change where the employees feel that the employer is extremely lucky to have them, as opposed to the other way around." 

Gurner then predicted that enacting massive layoffs would lead to "less arrogance in the employment market."

The laborer should be grateful for his hire.