I commend Professor Berk and the dozens of other academicians who stood up to corporate welfare on behalf of working people. Said Anat R. Admati: "This bill is sad commentary on the financialization of our economy." Wow. What a way to put it. At the time, I contacted some dozen small businesses about a major news outlet offering free listings to those selling gift cards. I'll take the word of Jonathan Parker (MIT): Major corporations have the resource of bankruptcy to stay afloat.
A comment on "Economists to Congress: Don't Bail out Big Business" (E.L. Andrews).
Note: I was catching up on back articles from 2020 when commenting on this one.
Related: CARES Act (2020)
Related: Unemployment Rate (2020)
Related: Share Economy (2019)
Related: Karoshi (2019)