Not all of them have plenty disposable income given the ever increasing cost of home ownership, healthcare (tied to employment), and everything else.

Ask the nurses how much they got for severance when steward health closed. Or what my severance was when I got laid off in 2009 working as a fine dining line cook as a culinary school graduate. Or the career concept artists replaced by AI. Add all three up, throw in 4 bucks, and you can buy yourself a coffee at Starbucks. And all of their salaries were a hell of a lot lower, even in the exact same housing markets. Hell you might be able to add all three up and still be in the neighborhood of junior developer.

The dev world’s baseline for what constitutes good treatment, bad treatment, and fairness from employers, an acceptable amount of disposable income, acceptable housing expenses, etc. is completely detached from the rest of the working world. Now that the demand is dramatically changing, that will probably also dramatically change, and that’s going to be rough. If it does, maybe it will recover. It has before, but this seems like a much more significant change.