It’s not going to turn out well. Human nature always prevails, but not necessarily immediately.
At some point, those worth 100 thousand dollars or more in this industry are not going to work for the same 70K the janitor makes. And even the hard working janitors are not going to put up with the slacker janitors for the same 70K. Ditto this through every level of employee.
With so few jobs, I’m sure there are folks hanging in there that can’t wait to get out. They will, first chance they get.
That, sir, is the nut of the issue. This whole farce is contrary to human behavior, and they want to be the social experiment that proves it isn't.
That has always been one of the main reasons capitalism and conservatism appeal to me. I have always felt that in the case of capitalism, it works because it leverages human behavior as it exists, not how we wish it exists.
And I had always assumed conservatism took human nature into account and made allowances for it as part of the ideological guidelines. Liberalism and socialism do not do either of these things, and continually fail. But like some siren song, their ranks of zombies are populated by fresh, ignorant, and starry-eyed recruits to the cause who always think they will be the ones to do it "right".