Yeah, sure. More like, a bunch of idiot bean-counters who only see next quarter's dividend make stupid decisions, and, as they continue to decline in quality, get promoted and lay off workers. The only overpaid ones I see are in the executive suites, merrily ruining the global economy. So don't lecture us about being overpaid. We're the ones holding it all together - at least in my company - any quality is a result of the commitment of the workers, not the management.
And it used to be that America was known for its management skills. Now, I think that the situation you describe is the the norm, not the exception.