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is public assistance also entirely disconnected? sure, they will lay people off or furlough them. there's genuine problems with work at the moment. but do they
by ferzul 7y ago
is public assistance also entirely disconnected?
sure, they will lay people off or furlough them. there's genuine problems with work at the moment. but do they want help beyond that?
- duxup 7y agoI guess for any given public assistance you could demand something about layoffs ... but I would be wary of side effects / worry about killing the company through such policies.
- toomuchtodo 7y agoNationalize them then. Wipe out management and shareholders, and take control for the benefit of workers of the company and customers.
- duxup 7y agoWould they be able to compete with other airlines if they were paying everyone for not working?
- toomuchtodo 7y agoOne would assume that airlines requiring a bailout are financially marginal, and unable to survive without nationalization, while airlines not requiring a bailout would be in a financial position to weather the temporary black swan event causing the need for bailouts in the first place (for example American Airlines might require a bailout, but Southwest likely will not). If every airline needs a bailout, you might have to evaluate a program of greater scale; injecting cash directly into every airline in a coordinated effort, but taking equity and putting in place governance (with a board seat or more than one) in those needing the bailout. Those who won't accept such terms would be permitted to fail. My apologies it's not a binary answer, and more "it depends."
- deleted 7y ago[deleted]