Should all major companies be bailed out over the coronavirus impact? | The Tylt

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Politics
Should all major companies be bailed out over the coronavirus impact?
#BailOutAllCompanies
#BailOutAllCompanies
#LetTheMarketDecide
#LetTheMarketDecide

President Trump's administration is looking at a number of economic measures to stimulate and preserve the economy as the impact of the coronavirus looms over the world. While it's still early days, the impact has been clear — stock markets around the world have been battered, erasing years of growth in a matter of weeks. Already, airlines and cruise ship companies are facing cash crunches due to evaporating demand. Bailouts may be necessary to keep the economy from coming apart entirely. 

However, critics on both sides of the political aisle are opposed to bailing out companies that have spent the previous years of tremendous growth doing things like stock buy-backs to drive up value for shareholders, or offshoring production and manufacturing to places like China. In many ways, they've acted irresponsibly and helped to create the economic crisis we face today. 

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Should all major companies be bailed out over the coronavirus impact?
#BailOutAllCompanies
#LetTheMarketDecide
#BailOutAllCompanies

We are in unprecedented times. Ultimately, the cost of bailing out companies would be huge. It would be worse if all those people went without jobs or insurance. 

#BailOutAllCompanies

Other countries have announced comprehensive packages to preserve their businesses as they get to the work of dealing with the pandemic. 

#BailOutAllCompanies

Others believe there should be bailouts, but we need to be smart about which companies to save. 

#LetTheMarketDecide

Democratic Senator Chris Murphy points out companies like Boeing squandered huge amounts of money to enrich themselves and shareholders. That should be taken into account with any bailout. 

#LetTheMarketDecide

Many Republicans like Matt Gaetz think it's wrong to bail out some American companies. 

#LetTheMarketDecide

Ilhan Omar, a left-leaning Democrat, opposes a corporate bailout, believing instead the money should go directly to the people. 

VOTE NOW
Politics
Should all major companies be bailed out over the coronavirus impact?
#BailOutAllCompanies
#BailOutAllCompanies
#LetTheMarketDecide
#LetTheMarketDecide