Maybe he won't take a bailout for his hotels.Optimus_Steel wrote:Precisely. And the presidential administration took a while to take this seriously, they are taking it more serious now but they are still way behind where they need to be and seem more focused in helping large corporations when they should be focusing on shoring up everyday Americans immediately.azcatz11 wrote:Optimus_Steel wrote:Approx 40% have $400 or less saved, 70% have $1,000 or less. 78% live pay check to pay check. It's a dire financial situation that's been dangerous for years, and just a slight financial interruption is a recipe for calamity. Which is why the Federal government dragging their feet like this, with the items proposed being far short of what is required will make the situation worse. At the very least, right away they need to announce suspension of mortgage, rent, utilities, but indications are that's it's not even being discussed yet. Lots of people have and are losing their jobs and nothing is stopping the bills from coming.
This is day 2 and Marriott is already cutting tens of thousands of jobs. Before we know it, there will be no hotel workers. How many hotel workers are there in this country? That is just one example...not counting the retail employees, restaurant servers, etc etc. Telling people they don't have to pay their bills if they stay home for 2 months is the best thing we can do right now to avoid catastrophe.
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