Suppose (for simplicity) there were you and 9 others at your job, that are all at the same salary level, and do, more or less, the same job. (though, not necessarily the same quality) So then one day the boss calls a meeting, and says the company needs to make a 10% cut in salary. So the choices are 1) every employee takes a 10% pay-cut, or one person gets fired. He allows the employees to vote their choice. What would be your choice?