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4. It sends the completely wrong message. This is America. I’m all for unemployment insurance but why are we bailing out mom-and-pops who didn’t conservatively save for a downturn? Because we feel bad? If we save everyone all the time, no one will save.
Efficiency in markets and in value to the customer is driven by survival of the fittest, which means that weak entities need to fall out of the species. Sad but true.
In many cases, this problem is caused by the government forcing these businesses to shut down or, in restaurants' case, move to a totally new take-out only business model. If the government broke it, they have at least some responsibility to fix it.
I agree with that. Iirc the proposal is for all businesses, not just those mandated by government to shutdown. Separately, I’m skeptical that there is an acceptable practical way to compensate for govt mandated shutdown.
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