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A comment on Corporate Socialism: The Government Is Bailing Out Investors and Not You. Parent comment

Re:Corporate Socialism: The Government Is Bailing Out Invest... by Red_Leaves_Flyy on Thursday March 26, 2020 @06:54AM (#22692288)
Cross that bridge if we get to it.
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Re:Corporate Socialism: The Government Is Bailing Out Invest... by ianai on Thursday March 26, 2020 @07:21AM (#22692424)
In that scenario the money sent to them still gets spent locally. They’ll still need to pay rent or mortgage, buy groceries, etc etc. They’re not going to sit on it like corporations do.
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Re:Corporate Socialism: The Government Is Bailing Out Invest... by zalkota on Thursday March 26, 2020 @08:30AM (#22692842)
Corporations reinvest it and create jobs, the better idea would be to bail out companies but ban stock buybacks. You need businesses, or else jobs won’t exists.
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Re:Corporate Socialism: The Government Is Bailing Out Invest... by chrisbennet on Thursday March 26, 2020 @10:07AM (#22693666)
Corporations only "reinvest and create jobs" if they have now choice i.e. the only add more waiters if they have too many customers.

TED Talk: Nick Hanauer "Rich people don't create jobs" https://www.youtube.com/watch?v=CKCvf8E7V1g

As you noted, the spend and windfall on buybacks or maybe automation.

https://arstechnica.com/tech-policy/2019/05/att-promised-700...

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Re:Corporate Socialism: The Government Is Bailing Out Invest... by lumost on Thursday March 26, 2020 @09:51AM (#22693526)
People last longer than corporations. The entrepreneurs on this site often create multiple corporations.
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