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I really hope we allow these companies to fail. Let it happen. A safety net should only protect people who can’t help themselves. I’d hold a little celebration
by whalesalad 7y ago
I really hope we allow these companies to fail. Let it happen. A safety net should only protect people who can’t help themselves.
I’d hold a little celebration of life party if I heard American was done and dead and over as an airline.
- pcurve 7y agoI don’t think airlines deserve to be punished though. It’s a tough industry with not a lot of profit. They didn’t cause the pandemic. Companies are also punished by shareholders for sitting on too much cash.
- positr0n 7y agoI don't necessary disagree with the rest of your comment, but to me the last sentence falls on the "pro" side to let them fail. If shareholders like that are wiped out then maybe next time they won't punish companies for having a cash reserve!