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I don't think most American citizens are claiming that corporations should provide zero value to their investors. I am of the belief that the federal governmen
by bearjaws 7y ago
I don't think most American citizens are claiming that corporations should provide zero value to their investors.
I am of the belief that the federal government having to make up programs on a whim in a very short time span is not preferable to corporations having a rainy day fund of at least a couple months.
Federal regulations should be placed on all traded corporations to have savings to cover themselves in the event of a disaster, to the order of being able to weather two months of zero income. When these funds get exhausted it is time to consider a federal level program to help everyone out.
The only alternative I see to this kind of measure is to let companies fail and then hold the leadership of those organizations accountable for their failure. This will literally never happen in our crony capitalism government.