COVID-19 Outbreak (Update: More than 2.9M cases and 132,313 deaths in US)

Loose Cannon said

It's amazing that a certain archetype of person will look down on other people for not having 6 months of savings but then rush to bail out comapnies who don't have 6 months of savings because they're too big to fail.

I guess personal responsibility doesn't carry over to the people who run huge corporations.

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it never has and that was my angst( i posted exactly that- how can we be expected to save for 6 months yet companies like Boeing posting 2-3B per QUARTER cant come up with a "rainy day" account ) on the investment thread when bailouts were announced and some called for companies that took bailout $$$ to NEVER issue a dividend again ( Mark Cuban was quite vocal in this regard )

Its what you posited earlier, if we continue to bail out, you have removed the incentive to save. No need to, govt will come with some sort of relief.

That archetype is the "eff you socialist" that will immediately turn to govt after yelling that and ask " ok wheres my check? "