News for hackers. Stuff that matters.

A comment on U.S. airlines want a $50B bailout. They spent $45B buying back their stock. Parent comment

Re:U.S. airlines want a $50B bailout. They spent $45B buying... by tathougies on Tuesday April 07, 2020 @01:39PM (#22805499)
I believe the 50B is for keeping everyone employed. That is what is fantasy. Most people ought to be laid off in these times. That is what unemployment insurance is for.

Of course, that's not politically popular, which is why the government is becoming involved.

[ Parent | on HN ]

There are no comments on this comment yet.