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by waythenewsgoes 1430 days ago
This doesn't work, when we tried this most recently all it did was increase stock buybacks by large corps. It's just effectively a wealth transfer to those already at the top of the food chain.
1 comments

This exactly. Look at airlines. They lit tens of billions on fire in stock buy backs rather than pouring it into their businesses from 2015-2020.

Who got the first corporate handouts when COVID decimated travel?

Individual actors will act in their best interest according to the incentive structure in place.

USA handouts of money to airlines and foreign cruise ship operators was disgusting. Americans are soft and didn't do anything about it.