To fully debunk the article would require several diaries so I'm just going to observe:

One must analyze the salary as purchasing power that you could not cut without sparking a deflationary spiral and thus higher unemployment.

is absolutely correct.  

Enough workers 'flexibiled' into poverty is a major cause of deflationary cycles.  See Great Depression, History of.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre