Mikewil with the exception of the first line I agree with you . If they had made less profit they may have not been able to afford as many new computer systems now replacing humans. I know it would only be a delay.
What do you suggest government should do about all these job losses?
One thing I know is they should not give false hope by pedaling discredited bull**** like TRICKLE DOWN. Companies hire and fire workers as required. Especially in the case of miners profits go to shareholders and 80% goes offshore doing little to help the unemployed.