zlacker

>>psim1+(OP)
One of the more worrying things to me is how this pandemic (and/or our response to it) will disproportionately affect small businesses and individuals. As Amazon hires 100k workers how many jobs are being lost by small businesses failing?

>>tlrobi+Eo
At least the airlines will get another bailout, after selfishly spending billions on stock buybacks while shrinking seats and hiking fees.

Meanwhile, Joe Average, who ended up running a food truck when Wells Fargo "right sized" him during the last recession, will find a comfortable slab of concrete upon which to rest his head, under the viaduct.

>>reaper+Uv
> after selfishly spending billions on stock buybacks

I've been seeing this on twitter a lot. Is there some context you can provide for why these particular repurchases were in bad taste, given no awareness of the upcoming pandemic. I am assuming you don't view repurchases as 'selfish' generally.

>>parham+Pz
I think the main thing is the airline industry is boom and bust, while being quite sensitive to a number of factors out of their control, but because they know they'll get bailed out by the public they have no reason to try saving to make their business robust against such things on their own. These talking points seem to be coming from this article:

https://www.nytimes.com/2020/03/16/opinion/airlines-bailout....