I can’t emphasize this enough: any government aid for business should go to SMALL, local, main street businesses first. They’ve been hit the hardest They don’t have shareholders, investment accounts, or cash reserves. They’re dying right now. They needed help yesterday.https://twitter.com/mijustin/status/1240428164041461760 …
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W odpowiedzi do @mijustin @VelosoFernando
Bailouts don't solve long-term problems. Only provide temporary relief. Companies that can't sustain tough times should not be in business, and gritty founders will persevere. I'm empathetic to ppl in need, I've been there, but we must also live and die by our capitalistic wayspic.twitter.com/2DZbnfsjz1
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W odpowiedzi do @AndrewMedal @VelosoFernando
Banks got $114B from Canadian governments in the 2008 recession. The auto industry got $3.2B. Air Canada got $1.2B in financial aid in 2009. Government aid and spending is crucial during a disaster. I just want to make sure it’s allocated to the right folks.
15:17 - 19 mar 2020
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