I bet the deadlines haven't moved either (or have been brought in earlier), even though the dynamics of person-hours has changed dramatically.
Yep, free enterprise and increasing higher management disconnect is a PITA in that regard.
I'd like to say it's an unfortunate reality that people have to keep in mind, but it's actually really depressing that we have to tell our kids not to do the best they can because they'll be unfairly taken advantage of.
EDIT: What do you know... I found it, case in point:
The Little Red Hen (the modern version, of course)