There is zero reason to favor the airlines over all the small businesses being put out of business. Likewise, zero reason to favor airline employees over other Americans. Furlows are the right thing for the airlines to do and we should have had them take that step six months ago. There are far greater needs than what we already forked over to this industry.
We have already paid out trillions while throttling down the economy’s ability to generate nearly full tax payments. What we need to do is open the economy and let free markets adjust in response.
It is always a bad idea when the government plays favorites and props up big businesses—whether viable or vulnerable to creative destruction.
There has never been, nor will there ever be, a free market. (Aside from in textbooks)
Is government propping up a business when they are the direct reason for its problems?
I am in complete agreement that we need to completely open up.
I respectfully disagree. Airlines are a vital national interest to our economy. My company has not allowed ANY business travel since March. NONE. ZERO.
Some sales reps travel for a living. Even most of them are not travelling 50% of the time.
We can not let our airline industry be taken over by the Chinese. It would be like Israel letting the PLO take over ELAL.