Trump said we need to bail out big companies because otherwise it will be too hard for them to start up again later. No. Our approach should be the opposite. We should be bailing out individuals, not big companies. Now more than ever we need bottom up, not trickle down economics.

Mar 23, 2020 · 4:28 AM UTC

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Replying to @marwilliamson
Well if there are no companies there are no jobs to come back to.
Replying to @marwilliamson
In fact it's easier for corporations to restart and reform. That's what capitalism is good at, recycling assets. If an airline goes bankrupt, guess what? Its planes still fly if it is profitable to fly with or without a bailout.
Replying to @marwilliamson @miguelangel97__
But what about the free market?
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Replying to @marwilliamson
If a company needs a bailout, it should come with conditions and we should be receiving stock and/or options that can be sold in the future once we’ve recovered.
Replying to @marwilliamson
Who employs a lot of individuals? MSoft employs about 150k, Amazon nearly 800k, Google 100k, Big 3 Automakers 400k, Cisco 75k, Salesforce 50k, Costco 150k, Walmart 1.5m, etc. These businesses ability to employ ppl is based upon company health & demand for their product & services
Replying to @marwilliamson @GregCipes
Without the LITTLE PEOPLE There are no BIG COMPANIES
Replying to @marwilliamson
Thank you, orb queen 🔮🔮🔮
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Replying to @marwilliamson
I propose that the people get bailed out. Let the utilities and landlords bill the government instead of us until this is over. We pay those taxes. It's OUR money.
Replying to @marwilliamson
Marianne you are the bee’s knees. We know how trickle down plays out and we keep going deeper in the hole while wealth inequality increases. Let’s try trickle up and go all in during this crisis
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Replying to @marwilliamson
Exactly. Real economics means spurring DEMAND, to which companies will RESPOND WITH INCREASED SUPPLY. That's a big-time DUH after 40 yrs of neoliberal trickle down nonsense, but better late than never.
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