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Democrats block Coronovirus bill
#26
(03-23-2020, 08:45 PM)cannongal Wrote:
(03-23-2020, 11:36 AM)HairOfTheDog Wrote: If the relief money is directly provided to individuals and employers instead of in the usual pass-through manner............it won't be the large corporations that end up with it to do as they please.
 

where do you think those individuals are going to spend their "relief" money?    Why, the big corporations of course.   Most small businesses are already shut down, so they won't see any of it,  the big corps will be raking all that relief money in, as it gets spent by the individual.

In your scenario, the big corporations will have provided goods and services and incurred costs in the process of earning revenue, which is simply market capitalism at work and no different than in times of non-crisis.  

Individual and business consumers choosing to spend some of the relief money that they've been provided directly by the government to purchase products from big corporations would not be a problem.    

What would be a problem, in my opinion, is instead giving a huge chunk of the national economic relief/rescue funding to big corporations with the expectation that it would trickle down to those who need it.  That has not been the case in the past.

The government should put the bulk of the relief money directly in the hands of individuals / small businesses / consumers who need it.  If large corporate bail-outs are necessary too, so be it. 

But, there ought to be stipulations that tax-payer funded corporate bail-outs be transparent and prohibited from being used for executive bonuses and stock buy-backs.  From what I've read, those such details and stipulations are part of what's being debated and negotiated by Congresspersons now.
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Messages In This Thread
Democrats block Coronovirus bill - by Maggot - 03-22-2020, 07:41 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-22-2020, 07:58 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-22-2020, 08:05 PM
RE: Democrats block Coronovirus bill - by Carsman - 03-22-2020, 08:21 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-22-2020, 08:33 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-10-2021, 08:11 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-23-2020, 11:31 AM
RE: Democrats block Coronovirus bill - by HairOfTheDog - 03-23-2020, 09:49 PM
RE: Democrats block Coronovirus bill - by BigMark - 03-23-2020, 11:44 AM
RE: Democrats block Coronovirus bill - by Duchess - 03-23-2020, 12:23 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-23-2020, 12:30 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-26-2020, 02:06 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-23-2020, 12:32 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-23-2020, 12:36 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-23-2020, 12:41 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-23-2020, 07:51 PM
RE: Democrats block Coronovirus bill - by sally - 03-23-2020, 08:19 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-24-2020, 05:18 AM
RE: Democrats block Coronovirus bill - by BigMark - 03-24-2020, 06:29 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-24-2020, 01:49 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-24-2020, 03:41 PM
RE: Democrats block Coronovirus bill - by Duchess - 03-24-2020, 04:33 PM
RE: Democrats block Coronovirus bill - by BigMark - 03-24-2020, 07:51 PM
RE: Democrats block Coronovirus bill - by BigMark - 03-25-2020, 10:58 AM
RE: Democrats block Coronovirus bill - by Carsman - 03-25-2020, 01:57 PM
RE: Democrats block Coronovirus bill - by Carsman - 03-25-2020, 07:39 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-26-2020, 03:54 PM
RE: Democrats block Coronovirus bill - by Duchess - 04-12-2020, 12:49 PM
RE: Democrats block Coronovirus bill - by Maggot - 04-12-2020, 02:06 PM
RE: Democrats block Coronovirus bill - by BigMark - 04-13-2020, 11:02 AM
RE: Democrats block Coronovirus bill - by Duchess - 04-13-2020, 11:13 AM
RE: Democrats block Coronovirus bill - by Duchess - 04-13-2020, 12:29 PM
RE: Democrats block Coronovirus bill - by Duchess - 04-13-2020, 12:59 PM
RE: Democrats block Coronovirus bill - by BigMark - 04-13-2020, 05:28 PM
RE: Democrats block Coronovirus bill - by BigMark - 04-13-2020, 09:55 PM
RE: Democrats block Coronovirus bill - by Maggot - 03-03-2021, 08:42 AM
RE: Democrats block Coronovirus bill - by Carsman - 03-10-2021, 08:20 PM