This is an unprecedented crisis - its not a good idea to take no action. Its not a good idea to throw good money after bad either.
Where should it end? What should we do?
I think we should evaluate on a case by case basis, whether or not steps can be taken to save major industries that employ vast numbers of people and if taking those steps is a worthwhile measure.
Saying that a failing business in the midst of a once in seventy years crisis is a poorly managed business is an oversimplification.
|