Why would they do that? Last time I was in NY, there were 5 people standing at the hotel door opening the door, most probably working for minimum wage. Rutger Bregman calls these 'bullshit' jobs and he's right.
70% of the US population lives paycheck to paycheck and cannot afford a $400 emergency.
There's almost no one who can still afford to participate in the real economy, so nobody will invest in making more goods nobody will buy.
There's a record amount of people being evicted with no job and no healthcare.
The only things that seem to be expanding is military expenditure and stock prices. The latter because large corps are using bailout money to buy back their own stock as it's the only way to still make a profit.
Biting the hand that feeds IT
