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Do you think they'll ever realize that there are so many poor people that can't afford anything anymore because those same companies have spent 60+ years ensuring wages stay exactly where they were while prices increased?
I doubt it. It's clear that to be a CEO you need to have zero problem solving skills, just social connections and rich parents (usually). It's the rest of the management team below the C-Suite that has does the thinking. Then middle manglement fucks up implementing it to try and get noticed for a promotion from their dead-end position because they aren't a part of the rich club already.
CEOs are all psychopaths because they're good at that kind of work :(
Thats not what's going on.
Retailers have commissioned surveys to determine that people are already out of money.
They use this to create a narrative and promote the idea that additional interest rate rises are unnecessary because people are already broke to additional interest rate hikes will just create a recession.
If I'm correctly reading into the history and motivations of corporations, this is part of them donning their hot dog suit and saying that they're trying to figure out why everyone is mysteriously poor.
After that, they'll put on a ROCK/BAND shirt, a backwards hat, and carry a skateboard before explaining that this "poor" is hitting everyone the same. And they'll lay off thousands or millions more than they already have
Then...
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After proving once again that they're the "job makers," they'll get their emergency loans, buy out weaker competition, and everyone will accuse them of foul play.
Finally, they'll hire everyone back at fractions of their previous pay, even though the cost of living will have disproportionately risen as well. People will fight, there will be strikes, and then the bleed will be slowed, but not stopped, by the companies "giving in to demands" that are actually neutered facsimiles of the original bargaining proposals. But everyone will be too tired and poor to continue fighting. We'll all ask our politicians how this could have happened and why they still trust the corporations. Then we get to watch the old song and dance all over again:
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"prepare three envelopes"
This is not true.
Wages in the US adjusted for prices have generally been going up - but slowly - even since Reagan. This remains true - broadly - even if you look at the lowest income decile, but the growth is less:
So wages were stagnant for the bottom decile from 1980 to 2016, but rose since then. It is, however, not even correct to say that "wages stayed the same but prices went up" between 1980 and 2016, because those are inflation-adjusted figures: the price increases are already factored in.