IMO, consumers refusing to buy leads to layoffs, cutbacks and bankruptcy filings/business closings, not less pay at the top. Less pay at the top and less toploading of employees would make way too much sense.
Prices generally drop considerably in technology based items such as laptops, computers, tvs, etc. after a new product has been on the market a few years. Being married to a technophile, it always killed me that he had to get the newest, even tho it was way overpriced. Nowdays tho, we make do with what we have like most others do. We live on his SSI and my SSD, so our days of buying new toys is long gone. LOL