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So the government is just punting on problems, again? Serious question. I fail to see how bailing out mismanaged companies is worth more than an equivalent sum
by Red_Leaves_Flyy 6y ago
So the government is just punting on problems, again?
Serious question. I fail to see how bailing out mismanaged companies is worth more than an equivalent sum straight to people. Companies can be nationalized if they're essential. Can't raise the dead. Can't squeeze blood from a stone.
- gen3 6y agoI don’t support bailouts of mismanaged companies, and I do think that sending money directly to the people helps substantially. A company not doing well during COVID-19 isn’t necessarily because they were poorly managed. Giving people money, and also keeping companies afloat helps on two fronts. People can survive now, and people still have a job to walk back to once this is all over.