The US has a problem of representation. Specifically and especially since the Citizens United decision, corporate interests can easily flow money towards politicians to make them do just about anything they want. This exacerbated an existing problem with the corporate tax rate and has now brought it into laughably low territory.
That’s all an oversimplification of course, but it’s not that Americans haven’t “figured it out”. It is far more complicated than that.
Sounds like they want a round of layoffs but don’t want to pay severance.