Re:Busted retailers use bankruptcy to break leases by the th...
by refurb on Thursday August 06, 2020 @08:12PM
(#24076725)
Sure, other people will pick up the pieces but that doesn’t mean much to the blue collar worker who is out of a job for 2 years while someone “takes their place”.
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Re:Busted retailers use bankruptcy to break leases by the th...
by gwright on Thursday August 06, 2020 @08:44PM
(#24076881)
I think it is better to reinforce social safety net programs for individuals (unemployment, food stamps, section 8 housing, etc) than it is to subsidize businesses. Businesses can restructure and re-allocate assets through sales, mergers, or even bankruptcy. In particular subsidizing now obsolete business models is madness to me. Help individuals who need help (why did stimulus checks go to people who still had jobs or who were retired?) and make it as easy as possible for businesses to restructure.
Re:Busted retailers use bankruptcy to break leases by the th...
by Karunamon on Thursday August 06, 2020 @08:50PM
(#24076904)
>why did stimulus checks go to people who still had jobs or who were retired?
Because many people who still technically had jobs had their hours drastically cut, and because it's an economic stimulus, not strictly welfare.