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Cicada

(4,533 posts)
Sun Mar 29, 2020, 02:45 AM Mar 2020

We're fighting the last economic war, not this one [View all]

The stimulus mostly helps big corporations, airlines, etc. But there are maybe 45 million small businesses getting crushed. Luckily my small business is immune, but restaurants, landlords, lawyers, hair salons, strip clubs, small stores, handy men, child care providers, lawn and pool maintenance businesses, home cleaners, movie theatres, bars, dance clubs, yoga studios, are getting crushed with little help. I read that there are 45 million small businesses like this. We will need a new massive stimulus bill to keep them alive. A common criticism is that countries prepare for the last war but end up unprepared for the new one. I am really worried that we aren’t addressing this new economic war.

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