Originally Posted by
m3113n1a1
Happy for Spirit bros, hopefully it works long term and isn't just delaying the inevitable. However, this creates a pretty bad precedent and moral hazard. Basically encourages corporations to take excessive risk and not worry about failing because Uncle Sam (taxpayers) will be there to save you. I thought we were against corporate welfare?
Stock holders should be wiped out or something as a consequence of accepting a "bail out" to deter this type of thing in the future.
Covid was a unique worldwide event, so I don't think parallels to that can be drawn.
This country was built by bloodlines of incredible risk takers. We have decided to medicate it out of an entire generation on kids so teachers can have a calm classroom. This kids grow up to be great rule followers and employees. None of them risk takers. Excessive risk is how we move forward. England, those are the ones that stayed bc it was scary to take risk. I say we encourage more risk taking and make America great again.