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re: Give the Money to Small Business Mr President

Posted on 3/17/20 at 8:23 pm to
Posted by PickupAutist
Member since Sep 2018
3022 posts
Posted on 3/17/20 at 8:23 pm to
Employed Americans are pathetic for not being to afford mortgages, bills, and everything else for a month, but there is zero expectation for businesses to be anything but extremely fragile and unable to weather anything? Why is one not ok but the other is?
Posted by OceanMan
Member since Mar 2010
20033 posts
Posted on 3/17/20 at 8:35 pm to
quote:

Employed Americans are pathetic for not being to afford mortgages, bills, and everything else for a month, but there is zero expectation for businesses to be anything but extremely fragile and unable to weather anything? Why is one not ok but the other is?


Why does it have to be one or the other?

In reality, some people will lose their jobs, some will be retained. In both situations, employers are burdened by revenue being dried up.

My employer is currently faced with a 4/15 deadline imposed by the federal government that hasn’t (officially) been moved and a mandate to not congregate 50+ people. They lose in either situation.

I am a partner in a small business startup and have one employee. We cannot make sales calls and don’t have prospects for revenue at the moment because our customers are essential personnel only. We simply don’t have enough cash to pay our employee indefinitely, it wasn’t budgeted. If we lay the dude off, he won’t be able to find work right now. I’d rather run out of money paying him than to put him on the street, but both may end up happening.

It’s simply a shitty situation for all involved.
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