Dana7360
Diamond Member
- Aug 6, 2014
- 15,147
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I don't think it stops corporate bail outs, at lease nothing I've read in this legislation stops any bailouts now or in the future.
What his proposal does is force business hire back the same amount of employees after the virus as they had before the virus.
Which is good but in my opinion doesn't go far enough. It doesn't stop bailouts.
We need legislation that actually does stop bailouts. Small business never gets bailed out. Why should we keep bailing out big business? They get billions in tax cuts, they don't run the business responsibly and when any small bump hits, we the taxpayer have to bail their butts out.
Big business should be forced by law to have a rainy day fund. So that when recession hits, they can get through it without us bailing them out and adding it all to the national debt.
When they're making money they're big capitalists. When they're losing it they quickly become socialists and run to us taxpayers.
Yet us taxpayers don't get bailed out.
This bill will pass the House.
It will go absolutely no where in the senate. The last thing the conservatives in our senate are going to do is pass legislation that protects our nation, our economy and the 99% working people of this nation.
www.forbes.com
What his proposal does is force business hire back the same amount of employees after the virus as they had before the virus.
Which is good but in my opinion doesn't go far enough. It doesn't stop bailouts.
We need legislation that actually does stop bailouts. Small business never gets bailed out. Why should we keep bailing out big business? They get billions in tax cuts, they don't run the business responsibly and when any small bump hits, we the taxpayer have to bail their butts out.
Big business should be forced by law to have a rainy day fund. So that when recession hits, they can get through it without us bailing them out and adding it all to the national debt.
When they're making money they're big capitalists. When they're losing it they quickly become socialists and run to us taxpayers.
Yet us taxpayers don't get bailed out.
This bill will pass the House.
It will go absolutely no where in the senate. The last thing the conservatives in our senate are going to do is pass legislation that protects our nation, our economy and the 99% working people of this nation.
![www.forbes.com](https://imageio.forbes.com/specials-images/imageserve/78e05c433f0844efbf1f5fe317b64cbe/0x0.jpg?format=jpg&crop=4196,2360,x0,y186,safe&height=900&width=1600&fit=bounds)
Cuomoâs Proposal To Stop Corporate Bailouts Is Heading To Congress
The “Americans First Law” floated by Cuomo would restrict government bailouts for companies that lay off employees during the pandemic.
![www.forbes.com](https://i.forbesimg.com/48X48-F.png)