If that reduced consumption most affected those who over-consume the most, we should applaud it, and tell the government they are doing everything right, but can we please do even more to reduce production and consumption? But in reality, it is a sign that the poorest can't afford the basics, let alone non-essentials, while their rich employers cry crocodile tears, tell them there will have to be redundancies, then retire to their mansions to count their riches. Years ago, we were promised that automation would bring us consumer heaven and a shorter working week, with plenty of wealth and leisure for all. Instead, it has allowed owners to employ fewer workers, and pocket the profits from their productivity. Having paid for manufacturing robots that can work accurately, without fatigue, 24/7, they have the ability to manufacture for the world, and not be bothered by troublesome workers rights, unions and the like. So the rich get richer, and the poor only have a job if they can work more cheaply than a robot. Brave new world - I want to get off!
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