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It probably would. But solving that problem is significantly harder than putting out loans to large companies that employ thousands of people. If the airline in
by packetlost 6y ago
It probably would. But solving that problem is significantly harder than putting out loans to large companies that employ thousands of people. If the airline industry collapsed, many other things would've followed. Certain industries are absolutely essential infrastructure to the economy and cataclysmic events can have massive ripple effects.
- mitchdoogle 6y agoThe loss of jobs and income is going to have cataclysmic cascading effects, worse than if a few large companies had gone under. It hasn't even started yet.
- pphysch 6y agoCan you elaborate/link?
- freehunter 6y agoWhat's there to link or elaborate? Look at the number of people applying for unemployment (I looked it up for you [1]). With a record number of people on unemployment and no real end in sight to the pandemic, something has to break. Basically, it doesn't matter how quickly we re-open if people don't have any money to spend, don't feel comfortable spending, and aren't leaving their homes. [1] https://tradingeconomics.com/united-states/unemployment-rate https://tradingeconomics.com/united-states/unemployment-rate
- dfxm12 6y agoWhatever happened to doing worthwhile things because they're hard? Do you know how hard it is to have to quarantine yourself from your family because you've been deemed an essential worker, while getting seemingly nothing in return? Do you know how hard it is to live with the guilt of even possibly infecting others with COVID? Clearly, the current administration puts corporate profits over the lives of Americans. Clearly, the current administration is allergic to hard work. Hopefully, Americans can send the message in November that there's no room in our government for people like that.
- stallmanite 6y agoI’d love to send that message but the other team seems dedicated to throwing the game. Biden is garbage
- PCI-eX16 6y agoThere's more than one election. There's also the entire house, a third of the senators and perhaps local elections as well.
- stallmanite 6y agoYou’re right and I absolutely will be voting. I actually regret my earlier comment it didn’t contribute to the discussion.
- thaumasiotes 6y ago> Whatever happened to doing worthwhile things because they're hard? People realized that was idiotic? Don't celebrate that someone accidentally did something worthwhile for a terrible reason. Target your efforts at doing things that are worthwhile, not at doing things that are hard.
- Red_Leaves_Flyy 6y ago>People realized that was idiotic? This >Don't celebrate that someone accidentally did something worthwhile for a terrible reason. Doesn't track with this. >Target your efforts at doing things that are worthwhile, not at doing things that are hard. I think you're missing nuance. I say, condemn those who lazily do the easiest jobs that don't interrupt their sleep at night. Rather, we should all be trying to make the greatest positive impact within 40 hours of work a week. Those who do more are being taken advantage of one way or a dozen. Those who do less are taking advantage. By setting a floor and a ceiling we limit abuses on both sides and,hopefully,better distribute labor. Also,doing things that are hard for the sheer sake of it is not idiotic. It can be a positive characteristic, just like avoiding difficulty is a negative one.