"The free market should decide."
"Okay we want fair wages and will withhold our labor till we get it."
"No not like that!"
I get the need for bailouts because if a company goes under, a lot of people will lose jobs and the overall economy can suffer, but we need the government to give stipulations for aid. Use the aid to prop up wages? Great. Use the money to give executives another bonus for the year or do stock buybacks? Fuck no. We have to stop signing blank checks for these people just to keep their stockholders happy so the stock market stays above water. We can't sustain this model forever.
"Okay we want fair wages and will withhold our labor till we get it."
"No not like that!"
I get the need for bailouts because if a company goes under, a lot of people will lose jobs and the overall economy can suffer, but we need the government to give stipulations for aid. Use the aid to prop up wages? Great. Use the money to give executives another bonus for the year or do stock buybacks? Fuck no. We have to stop signing blank checks for these people just to keep their stockholders happy so the stock market stays above water. We can't sustain this model forever.