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It's hard to design a bailout bill that doesn't benefit big business in the end, but the Covid-19 relief bills did a decent job.

It's hard to design a bailout bill that doesn't benefit big business in the end, but the Covid-19 relief bills did a decent job. | image tagged in covid-19,coronavirus,business,economy,congress,economics | made w/ Imgflip meme maker
147 views 2 upvotes Made by KylieFan_89 5 years ago in Politics_Redux
1 Comment
0 ups, 5y
This time, Congress has made efforts to write in "small businesses" into these bailout bills. But government bailouts by their very nature always seem to favor large companies that are better-connected politically, and better-positioned legally, to take advantage of them.

Not sure what to do about that, except to continue to improve the drafting of these bailout bills.

Because as much as we might despise them, the bailouts are necessary at this point in time to keep the economy on life support.

Side-note: The expanded unemployment insurance provisions, paid family/medial leave, and "helicopter money" relief checks sent to most Americans were well-designed to help average people.
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