Originally Posted by
9mikemike
Not sure the owners of all that money, American taxpayers, want the Treasury Secretary to make an about face. It is only in the little world of airline myopia that we believe giving money away for no reason is a great idea. Grants are not free...And they should have some bite attached to them....If the airline business is not economically viable in a free market let the chips fall where they may....Fairly certain that the majority of wage earning, tax paying Americans are not in favor of giveaways
The problem with handouts is it sets a precedent for more handouts. 2008 turns into 2020. I"m not saying Airlines should fail....but you've got to punish bad business practices amiright? It makes the whole industry take the money because not taking it could put you at a disadvantage. The other problem is......and nobody seems to care any more....but we are in debt (as a country) as it is....and printing money only kicks the can down the road for our children to deal with. This thing stinks....as they always do.
Maybe another thing nobody is saying......the Bailout basically gets us through the high demand Summer into the fall when demand drops off anyway......which ideally would be the time to furlough. Maybe the irony is that Airline Pilots can't find post furlough jobs in the fall because their will be no jobs left......because they were riding the Bailout money till fall......if it gets that bad. #Truckmasters