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So instead of bailing out the companies, why not focus on ensuring their customers have the money to demand their goods and services through direct stimulus?
by ianai 7y ago
So instead of bailing out the companies, why not focus on ensuring their customers have the money to demand their goods and services through direct stimulus?
- vkou 7y agoBecause it doesn't matter how much money you throw at customers right now, it's not going to produce cashflow in <some hotel chain>.
- JumpCrisscross 7y ago> why not focus on ensuring their customers have the money to demand their goods and services through direct stimulus? That's...happening? It's the core of each of the stimulus bills. The company bailouts are, theoretically, for otherwise-good businesses unusually impacted by the pandemic. Restaurants and airlines, for example. Of course, there is the winner-picking that happens when any government spends money.