You did indeed find the point. Think about the "framing" the next time you hear people talk about "entitled free-loaders" refusing to work because they get the government cheese.

Exactly. Just like the financial crisis.

All those big CEOs getting caught on the hook.

Definitely a fair comparison between a S&P100 bank CEO dining with the president regularly and a corner taqueria owner struggling to meet the payroll.

CEOs and business owners are often not the same thing.

The CEO is someone that is hired by the owners, to run the company.

They may make good money, but they are paid peanuts, compared to the real owners (stockholders).

Those CEOs weren't business owners, and especially not SMB owners.

The problem is that they do not want to be financially on the hook. They keep the good years and spread the costs of the bad years onto their employees.

This is true. I consider that bad practice, but many others see it differently.

I am a big believer in having a "rainy day fund," but that doesn't happen, when Louis Vuitton comes out with a new $20K handbag...