Bailing out busineses in a crisis is bad idea. Better to bailout people directly.

[Yavin4]

As I said at the time, it was better to give people checks for 3 months instead of giving it to businesses. That made more sense.

And if you were worried about rich people getting a check, just take it back in taxes next year.

[The Magistrate]

1. True, Sir

Keep the employees in funds and the businesses will be able to take care of themselves....

[Yavin4]

2. How does one tell one small business from another?

A hedge fund can be a small business.

[The Magistrate]

5. The Definitions Do Get A Bit Odd, Sir

Most people think a small business is something like a 'mom and pop' grocery store, or the town's independent hardware store, but closely held partnerships worth many millions, and firms employing several hundreds fit within certain official definitions of a 'small business'. I do not know what the definitions employed in the current program of relief are, but knowing the sort of shit-heels involved, I suspect they are the most expansive conceivable, and direct much largess not only to enterprises few folks would consider 'small business', but to enterprises which do not need or deserve the slightest relief from the government.

[I_UndergroundPanther]

7. The definition of a small business

Is a business with 1 or 2 owners.

That is how huge corporations get in on what small business get.

[Hoyt]

3. If we can only do one, I'd agree. But, I think doing both was smart.

Don’t think it will be over in just a few months like trump keeps saying, but this will be relatively short.

Plus, most of the so called bailouts are based on keeping employees on the payroll.

Would have been nice to have tougher criteria to get grants and loans, but speed was required.

[Happy Hoosier]

4. This is correct. NT

[Yavin4]

6. Disagree

1. Not every business that needs a bailout can or will get one.
2. Businesess can use their banks which are supplied by the Fed for emergency loans.
3. There's no fraud or corruption when giving this money directly to the people.

[Hoyt]

8. Sorry, I disagree. (1) Most of business bailout is predicated on keeping

employees on payroll; (2) ensuring we can return to jobs when this is over is essential for moving forward (although, might be nice to lose some industries); (3) an economy based primarily on what people just need to survive — food, a tent, etc. — won’t pay for modern healthcare, education, childcare, etc.; (4) nothing says we can’t re-evaluate what is important long-term; (5) governmental response to this moves us much closer to the partnership between corporations and society seen in Scandinavian countries; and much more.

[Yavin4]

9. Most of these businesses, esp. the small ones, are not going to survive.

We're not going back to normal at any time soon. We won't ever be 100% normal until there's some sort of reliable treatment that can keep you alive or a vaccine.

Also, you skipped over the bank's role in all of this. Small businesses can go to their banks and get loans to keep them going.

[Hoyt]

10. Small businesses deserve a chance. Bank loans take awhile and they are going

to be granting a lot of non-guaranteed loans for awhile.

I’m glad for local owners of laundries, medical offices that have to close, restaurants, small shops, etc., to get help. Most of them represent one, maybe a few, people.

If the economy tanks for years, that $350 B, and maybe more, earmarked for small businesses is going to be chump change in scheme of things.