GOP still - amazingly - sticking to supply (management/business) side economics when regular people are producing very little demand (income).
Companies don’t get subsidies and say, “We got all this $...let’s pay some people!” #StimulusPackage2020
Companies don’t get subsidies and say, “We got all this $...let’s pay some people!” #StimulusPackage2020
When regular people get subsidies, they say, “We need some stuff. Let’s buy stuff we need.”
Then companies say, “People are buying stuff and paying for services! Let’s pay some people to make stuff and provide some services!”
#StimulusPackage2020
Then companies say, “People are buying stuff and paying for services! Let’s pay some people to make stuff and provide some services!”
#StimulusPackage2020
Now, there will be companies that need corporate welfare to get across this massive chasm. Let’s focus on manufacturing sectors that must be preserved but won’t be patronized even with cash injections to individuals: everything from aerospace to restaurants. BUT...
When we do, when it comes to the biggest companies, we should take an equity ownership stake and then sell it back as soon as the situation stabilizes again. #StimulusPackage2020
