Post by suzeeq Post by The Horny Goat
On Tue, 24 Nov 2020 14:11:14 -0800 (PST), Ed Stasiak
Post by Ed Stasiak
Walrmart, Amazon? No problem. Stay open. Small retailers? You have
to close because of covid. Jeff Bezos is with now $165 billion, a
30% increase in one year, while small retailers can't even pay
their rents or tax-bills.
25% of small businesses in Oakland County MI
went out of business due to the lockdown and
who knows how many more with the renewal.
There's no question a LOT of small businesses are getting screwed
over by being forcibly closed while the big boxes get to stay open
for selling one or two 'essential' items - and everything else the
closed small businesses sell. It's all about market share and when
your competition is forcibly closed you've got 100% of the market.
If you run a "big box store" you probably think that's great.
Most of the big box stores sell groceries, which is more than just
'one or two essential items'.
It is, plus most of Amazon's business is mail order, but I agree with
the overall gist of the complaint. Why should large-cap corporations
get pandemic relief while mom-and-pop stores get left out in the cold?
Why should Delta Airlines pay a normal shareholder dividend, and then be
allowed to stick its hand out for a government check a week later? Why
should any company making a profit during the pandemic be in the same
relief line as the ones that are closed, or that are open but losing
money and employees?
However, as usual, Rich is misrepresenting the underlying problem, at
least if he's talking about the U.S. (I couldn't say about Canada). It
was the Trump administration that insisted on secrecy surrounding the
disbursement of pandemic relief funds to large corporations. It was
congressional Democrats that wanted more money for small businesses and
individuals (and still do in the ongoing negotiations).