Watch Stephanie Ruhle dig deeper into the White House's $1T plan in the fight against coronavirus. Weighing in: Mark Cuban, Todd Graves, Mayor Michael Tubbs, and Ben White. Aired on 03/18/2020.
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Small Businesses Feeling The Brunt Of Coronavirus Pandemic | Stephanie Ruhle | MSNBC
All of a sudden, the tax cuts to the rich will need to be vacuumed back into the general population. If workers had not been squeezed into wage/job poverty, if they had savings instead of credit card & student debt . . this would be less of an emergency.
@Richard Guenther They co-ordinate all the agencies. It was part of NSC. Stop watching so much fox but i see they are even taking on a more serious approach .
@Richard Guenther Has Pence or someone else taken the office of the President? Because there is no way that you can be talking about Donald “I Take No Responsibility” Trump.
Thank God for Trump. He had FDA cut out a lot of red tape.
@Richard Guenther And cut the budgets for both the CDC and the WHO.
Get real, You guys are just disgusting.
I don’t think the cruise industry should be considered essential.
@Sonny Dayz =; And you a major A’ole trumpster!
Are any of these Ship registered in the US? If not , then they need to approach their home ports But don’t ask for help for ship registered in Panama or Fiji .
my cruise agent sister in law might disagree
@imiss toronto She will get help if the Congress authorize payment for individuals. But since we have a 23 Trillion National Debt, paying money to Foreign register ships, seem wrong.
Jennifer Cuddy nonessential or not, it’s NOT an American industry, they don’t hire American workers or pay American corporate taxes. Watch John Oliver’s segment on cruise lines. I went on a cruise, Disney, roughly 16 years ago and all the employees were from Jamaica and everything was included, food entertainment, room service, but I learned very quickly that staff relied on tips because they were working crazy hours for like $4.00 an hour! None of the staff every mentioned it, they were wonderful, we had dinner with another couple and we tip our usual 15% and the couple, who were older and avid cruisers informed us that the staff relies on tips for wages and suggested a 25% tip. But you don’t know how much anything costs because it’s inclusive. A three day trip we left with a $1600 charge to our hotel room key, cause that’s how you pay for shopping and tips, they bill your room key, and all we bought was some pajamas for the kids and the rest was tips!
Rich people and their stupid Trickle-down economics! It’s been proven not to work. Look what happened in Kansas. You can’t just bail out the big companies. We can’t patron the big companies if we have no job or money! $500 is not enough either. No one can pay rent with $500
What does shelter in place have to to with economics? The politicians said stopping the virus is more important than doing business. That’s it.
No more bailouts to large corporations! Give that money to the people who need it . Where’s the guarantee that it will trickle down to the average person and not be kept by the CEO?
What that duetsche said”i feel bad for little companies. . .but trump said us big guys will love it.
Trickle down did not work under Reagan, Bush and it did not work under Trump, it is plain bs. Who ever still believes in it should study history
@Crystal Giddens each month and like Bernie Sanders stated evictions and foreclosures must be halted. In CA $2000 won’t get you through the month and the unemployment benefits top out at $450 p/w before taxes.
bravo
Corporations don’t care about workers anyways they like to fire employees and treat people like numbers , let them fail and be replaced with smaller businesses
Let the cruise industry sink! Help small businesses and limit the bailouts to airlines to basic necessities for travel that is essential and there are no big bonuses for executive’s,
All those Cruise ships are register in other nations then the US. So why should we give money for ships that are not even registered in the US. Let the Cruise lines go to those nations where their ships are registered and get government aid from them.
Proportionally help? but the American CEO makes 1500 times the average worker
More like 300 times, but your point is still valid. This may be a good time for redistribution of wealth.
Let companies borrow money and get loans and the super low interest rates. Government money is for the PEOPLE.
You’re right however they didn’t give the people 2008 super low loans make them pay go get the money they hid in offshore accounts to keep them afloat they have it!
@Isaiah Myers that doesn’t work that way, you make labor worthless (a resource) by placing sanctions. Essentially you are printing labor, to keep businesses afloat. Anything you do artificially will always be combated with an opposite and equal artificial thing. It’s right in the macro/micro economics book
lextacy2008 I think you believe that your skills are worth more than what they actually are buddy. Human labor isn’t a part of this country’s political foundation. People can always be trained. Your qualifications are more of an illusion anything. It’s only capital that has value.
@Isaiah Myers Labor has no value? That would mean free stuff for the rich and that leads to communism.
lextacy2008 The idea is you want to be prepared for if the bank flops and your money is all gone. 💡 Have a good day.
It won’t trickle down, it never has. (Bail out the big shots, keep the status quo of the Billionaires, sickening….)
Cuban is right in theory, but most of that money will not find its way to the employees.
Giving money directly to Americans under a wage cap isn’t trickle down and neither is a sick pay act. Small businesses deserve to be bailed out and that will trickle down if they also put better wage laws in place.
@Tales toTell The GOP has the most state legislatures, most governorships, most federal judges, US senate, and executive branch. No wage laws (in the worker’s favor) are coming.
Give the money to the people before you end up with a worse homeless situation. YOU demand them to stay home, then assist them and quit griping so much about helping the big businesses only. HELP BOTH! Believe me…..the PEOPLE will remember what you do.
Give the money to the little guy, he will spend it, hopefully in smaller businesses, then both will be helped.
No buybacks allowed. $ needs to go to workers not CEO’s
And no bonuses to executives. We saw that happen in 2008.
If you bail out people, they’ll support corporations, its time the money flowed the right way.
It won’t though…it will end up in the pockets of CEOs early retirement another yaght 4th vacation home,kids that aren’t born yet college fund..3rd masarate blue this time.Ya feel me good buddy
Loans for small businesses, complete bailouts for corporations. The system is broken.
@Teresa Sanchezemployers evidently read the fine print..and prob helped write it
Doble Helice Employers helped write it? WTF are you talking about? Small business is defined as under 250 employees- NO- we don’t have pull with government.
Corporations own the democrat and republican parties , were as small businesses don’t , that’s why they get loans
S T true- party politics is stupid, we have to join as citizens. Really, let me ask, in a global pandemic and economic collapse are, replicants going to be fighting for anti abortion? Are democrats going to be fighting for illegal immigrant rights?
No! It’s survival, so stop fighting! Sometimes I think “republicans want to give money to the average American worker? It’s the end”
But maybe this corrupt system needs to impose to build a better one. Cause for most of us, it’s been a rat race our entire lives.
@Teresa Sanchez both parties have failed us and so has the media ,the media is way to big , it needs to be broken up, can’t believe the media had this much impact on the economy for them to say that a coronavirus is out so let’s make the economy crash
“The definition of insanity is doing the same thing the same way over and over again and expecting a different result”. The trickle down theory is a prime example.
Just another social net I’ll fall through. Prostrate cancer, emphysema, arthritis, but not disabled, qualified for medicaid, or employable. America, land of the free… to die of preventable/treatable health issues in poverty.
When a crisis hits, we are all what the right calls, a “socialist.”
Yeah well a lot of individuals have always gone through personal crisis which is why we had a Safety Net.
@jfsfrnd the point is on “we had”!!
@jfsfrnd and that safety net has ALWAYS been full of holes that allow people to just fall through and DIE.
@zinta0904
You usually don’t need to give bailouts to European companies since the economies in Europe are not hard linked to the stock market. People in Europe pay high taxes but also know that they need to save up so in general, European economies don’t grow as much during good times as the US economy, but during bad times, they don’t dive as much as the US economy either.
It’s more balanced in Europe.
@TheChiefEng Of course are all the huge companies hard-linked to the stock market (car companies, pharma, oil, energy,…), but most companies act less aggressive, more conservative on the market, partially due to laws and out of tradition and that´s why in good times the growth is lower and of course the taxes are higher but in majority only for employees not for companies. Huge businesses settle in tax havens like Ireland (like some US giants Google, Facebook, …)
Yeah, give it to the business owners. Trickle down economics has always worked so well in the past, I’m sure it’ll be great in this situation too. 😒
the stage is set for those who have nothing more to lose to rise against those who have.
I.ve long held the notion that the big tax cut for the rich and the corporations was going to
create a low income revolt….looks like it,s coming
Before this pandemic which no one expected, Our economy was doing great, but you still want to blame Trump. If this happened under O’Bama’s economy, we all would be fu#%ed
Amazing how governments are so eager to implement corporate socialism when they can’t even be bothered to do the bare minimum to help the middle class.
Why are we bailing out the airlines? they have been nickel and dimming us for years. Where is all that money for baggage.?
Suddenly socialism doesn’t seem like such a bad thing does it?
Fu k these big corporations.
Our politicians sold us out. I dont even know who to vote for. So much for democrazy huh?
Bailout means ceo bonuses
Socialism is always bad cause eventually you run out of other people’s money.
America supports Corporate socialism. Tax breaks, corporate handouts and tax breaks for filthy rich investors.
@Rod McDonald A tax break isn’t the same as these handouts to corporations.
Make the cruise ship companies fly American flags and register in the US to get bailout money. Hire American officers and move major offices to the USA. Then, and only then, talk about a bailout.
Anyone else tired of economist and billionaires telling the working class and poor peoples what is best for them as if they know their struggle? Really MSNBC?