5 ms·

>Fund people, not companies it depended. large corporation like Apple don't need the money but mom and pop shop that is forced to close during the peak should

>Fund people, not companies it depended. large corporation like Apple don't need the money but mom and pop shop that is forced to close during the peak should receive money. the sad thing is corporation that clearly can make it thur covid is receiving the largest amount like https://www.npr.org/sections/coronavirus-live-updates/2020/04/20/838439215/shake-shack-returns-10-million-loan-to-u-s-program-for-small-businesses https://www.npr.org/sections/coronavirus-live-updates/2020/0...

maxsilver 5y ago
>mom and pop shop that is forced to close during the peak should receive money. No, they shouldn't. Don't give any money to any corporations, give all the money exclusively to people. If Mom and Pop run a business, they can get cash as humans to float their business, just like any human could. They could temporarily lay off all their staff (which is OK, because their staff are humans, and are also getting cash) There was never any valid reason to give a single cent to any company.
- ipaddr 5y ago
  You force them to close if you want them to come back you have to keep them alive.
  - jachee 5y ago
    Keeping the humans alive should be sufficient.
    - jessaustin 5y ago
      No, only the Capitalist Heroes know how to tell people to work. Regular humans are totally insufficient to the task.
    - ipaddr 5y ago
      You realize humans need jobs to come back to and humans need places to buy things and services.
- azinman2 5y ago
  Right so then after cash runs out no one has a job and no businesses exist? Companies are more that just a collection of people.
  - csomar 5y ago
    If you give cash to people, they'll use to buy stuff from corporations, Mom&Pop, and uber food. That should create jobs?
    - jbeam 5y ago
      The situation was that businesses were not allowed to be open.
- tracer4201 5y ago
  I want to convince you this isn’t a good idea. If all the businesses shut down in my town or city, what happens after? Where do I find work? Especially if I don’t have sufficient capital to start a new business (never mind the skills or training), what will I do then? How does society go back to normal? Do we stop all output and just have the government mail checks to every individual forever? That’s not going to work. Who is going to produce the things we need to function as a society?
  - pwillia7 5y ago
    just keep giving everyone more money Duh! /s
    - calt 5y ago
      Well. Actually that’s not as terrible of an idea as you probably think. Look into “modern monetary theory”
  - andrepd 5y ago
    Please re-read the comment. > They could temporarily lay off all their staff So you pay people's salaries while they're furloughed. Together with moratoria (don't know if this is the word) on loans this means companies get “paused” while lockdowns are ongoing and don't shut down.
    - deleted 5y ago
      [deleted]
    - missedthecue 5y ago
      Temporarily in the context of covid has meant more than 12 months for a variety of local shops and businesses in my area. They can't come swinging back signing leases and buying inventory after going bankrupt.
  - donmcronald 5y ago
    I saw 2 kinds of "small" businesses in Canada. One kind was hit so hard the bailout money they got wasn't even close to enough to keep their business running. The other kind wasn't impacted or even benefited from increased revenue. I know of at least one company in the latter category where the owner pocketed around $500k and I don't think it had much impact on how they ran their business. All they had to do was not layoff people they wouldn't have anyway and the government picked up the tab on their labor costs for a year. Free money!
- deleted 5y ago
  [deleted]
- lobocinza 5y ago
  Did mom and dad directly fund political campaign of those in power?
ocdtrekkie 5y ago
Or, instead of funding either corporation, just give mom and pop money. Instead of business bailouts, we should've done regular, recurring stimulus checks that would help business owners cover bills while they're businesses were closed, and help employees cover bills while they're unable to work.
- cambaceres 5y ago
  Have you counted on how much this would have costed?
  - garmaine 5y ago
    The amount the US government has spent on pandemic relief is 20-30k per American, depending on how you choose to count. (Edit: I’m aware TFA is about about European pandemic relief.)
- krono 5y ago
  That is exactly what was done here in the Netherlands. Booking.com just decided to exploit and, in my opinion, abuse that system. Edit: These emergency financial support measures I was referring to are: - "Temporary emergency scheme for job retention" (NOW) - "Temporary self-employment income support and loan scheme" (TOZO) - "Reimbursement Fixed Costs" (TVL) More info (in English) on gov websites: - https://www.government.nl/topics/coronavirus-covid-19/information-for-business-owners https://www.government.nl/topics/coronavirus-covid-19/inform... - https://english.rvo.nl/subsidies-programmes/reimbursement-fixed-costs-tvl https://english.rvo.nl/subsidies-programmes/reimbursement-fi... Edit 2: Oh wait there is more: - "Subsidy scheme for events cancelled due to corona measures" - "TVL Stock Support Closed Retail" - "R&D subsidy scheme for the mobility sector" (RDM) - "Temporary Support for Necessary Costs" (TONK) - "Arrangement for businesses damaged by curfew riots" (RBC) More info: https://business.gov.nl/corona/overview/the-coronavirus-and-your-company/ https://business.gov.nl/corona/overview/the-coronavirus-and-...
  - ocdtrekkie 5y ago
    NOW appears to pay businesses up-front for, in turn, continuing to pay employees: https://business.gov.nl/subsidy/corona-crisis-temporary-emergency-measure-now/ https://business.gov.nl/subsidy/corona-crisis-temporary-emer... Arguably, it would've been a much better system if the Netherlands just... paid people directly regardless of who they worked for at the time, so employers didn't need to worry about paying employees while they couldn't do normal business.

maxsilver 5y ago

>mom and pop shop that is forced to close during the peak should receive money. No, they shouldn't. Don't give any money to any corporations, give all the money exclusively to people. If Mom and Pop run a business, they can get cash as humans to float their business, just like any human could. They could temporarily lay off all their staff (which is OK, because their staff are humans, and are also getting cash) There was never any valid reason to give a single cent to any company.

ipaddr 5y ago
You force them to close if you want them to come back you have to keep them alive.
- jachee 5y ago
  Keeping the humans alive should be sufficient.
  - jessaustin 5y ago
    No, only the Capitalist Heroes know how to tell people to work. Regular humans are totally insufficient to the task.
  - ipaddr 5y ago
    You realize humans need jobs to come back to and humans need places to buy things and services.
azinman2 5y ago
Right so then after cash runs out no one has a job and no businesses exist? Companies are more that just a collection of people.
- csomar 5y ago
  If you give cash to people, they'll use to buy stuff from corporations, Mom&Pop, and uber food. That should create jobs?
  - jbeam 5y ago
    The situation was that businesses were not allowed to be open.
tracer4201 5y ago
I want to convince you this isn’t a good idea. If all the businesses shut down in my town or city, what happens after? Where do I find work? Especially if I don’t have sufficient capital to start a new business (never mind the skills or training), what will I do then? How does society go back to normal? Do we stop all output and just have the government mail checks to every individual forever? That’s not going to work. Who is going to produce the things we need to function as a society?
- pwillia7 5y ago
  just keep giving everyone more money Duh! /s
  - calt 5y ago
    Well. Actually that’s not as terrible of an idea as you probably think. Look into “modern monetary theory”
- andrepd 5y ago
  Please re-read the comment. > They could temporarily lay off all their staff So you pay people's salaries while they're furloughed. Together with moratoria (don't know if this is the word) on loans this means companies get “paused” while lockdowns are ongoing and don't shut down.
  - deleted 5y ago
    [deleted]
  - missedthecue 5y ago
    Temporarily in the context of covid has meant more than 12 months for a variety of local shops and businesses in my area. They can't come swinging back signing leases and buying inventory after going bankrupt.
- donmcronald 5y ago
  I saw 2 kinds of "small" businesses in Canada. One kind was hit so hard the bailout money they got wasn't even close to enough to keep their business running. The other kind wasn't impacted or even benefited from increased revenue. I know of at least one company in the latter category where the owner pocketed around $500k and I don't think it had much impact on how they ran their business. All they had to do was not layoff people they wouldn't have anyway and the government picked up the tab on their labor costs for a year. Free money!
deleted 5y ago
[deleted]
lobocinza 5y ago
Did mom and dad directly fund political campaign of those in power?

ocdtrekkie 5y ago

Or, instead of funding either corporation, just give mom and pop money. Instead of business bailouts, we should've done regular, recurring stimulus checks that would help business owners cover bills while they're businesses were closed, and help employees cover bills while they're unable to work.

cambaceres 5y ago
Have you counted on how much this would have costed?
- garmaine 5y ago
  The amount the US government has spent on pandemic relief is 20-30k per American, depending on how you choose to count. (Edit: I’m aware TFA is about about European pandemic relief.)
krono 5y ago
That is exactly what was done here in the Netherlands. Booking.com just decided to exploit and, in my opinion, abuse that system. Edit: These emergency financial support measures I was referring to are: - "Temporary emergency scheme for job retention" (NOW) - "Temporary self-employment income support and loan scheme" (TOZO) - "Reimbursement Fixed Costs" (TVL) More info (in English) on gov websites: - https://www.government.nl/topics/coronavirus-covid-19/information-for-business-owners https://www.government.nl/topics/coronavirus-covid-19/inform... - https://english.rvo.nl/subsidies-programmes/reimbursement-fixed-costs-tvl https://english.rvo.nl/subsidies-programmes/reimbursement-fi... Edit 2: Oh wait there is more: - "Subsidy scheme for events cancelled due to corona measures" - "TVL Stock Support Closed Retail" - "R&D subsidy scheme for the mobility sector" (RDM) - "Temporary Support for Necessary Costs" (TONK) - "Arrangement for businesses damaged by curfew riots" (RBC) More info: https://business.gov.nl/corona/overview/the-coronavirus-and-your-company/ https://business.gov.nl/corona/overview/the-coronavirus-and-...
- ocdtrekkie 5y ago
  NOW appears to pay businesses up-front for, in turn, continuing to pay employees: https://business.gov.nl/subsidy/corona-crisis-temporary-emergency-measure-now/ https://business.gov.nl/subsidy/corona-crisis-temporary-emer... Arguably, it would've been a much better system if the Netherlands just... paid people directly regardless of who they worked for at the time, so employers didn't need to worry about paying employees while they couldn't do normal business.