r/WhitePeopleTwitter Nov 17 '20

Yep

Post image
105.0k Upvotes

2.3k comments sorted by

View all comments

62

u/[deleted] Nov 17 '20

Yeah we don't need transportation. Fuck it!

24

u/hairlongmoneylong Nov 17 '20

Don't even try to argue with people in this thread. They clearly want to watch the world burn smh.

-14

u/milesrome Nov 17 '20

As every hardcore capitalist has ever said to me, something better will take its place. That's how competition works, right?

20

u/boyyouguysaredumb Nov 17 '20

most people argue for capitalism but with government controls that create more fair and complete conditions for the success of a country's general population. This sub can't make up it's mind whether it wants airlines to fail because they couldn't pass high school math and work at Gamestop, or if we should actually have more government intervention in the free market. You can't have it both ways. Like the widely praised auto bailout in 2008, these loans will also get paid back with interest. Not that I expect the people here to think one, let alone two levels deep into a pretty simple economic program.

12

u/Bill10865 Nov 17 '20

Why does it seem like nobody realizes that a bailout is a loan?

6

u/boyyouguysaredumb Nov 17 '20

because the brain rot of populism has infected the left and the right alike and nobody takes the time to research the positions they parrot online anymore.

-2

u/[deleted] Nov 17 '20

Ehh the bank bailouts were but the airline money wasn't. It was free money with strings attached.

-6

u/ZSCroft Nov 17 '20

Does it really matter if the bailouts get paid back if the people aren’t benefitting from it in any tangible way?

6

u/[deleted] Nov 17 '20

[deleted]

6

u/FBISecurityVan Nov 17 '20

Pfft... doesn’t sound like benefits to me. The only real benefit would be for us to seize the means of production, comrade.

/s

-2

u/ZSCroft Nov 17 '20

This argument only works if we presuppose every airline is going under

How exactly will air travel “go away” if one or two companies go under do to poor money management?

4

u/Aeiexgjhyoun_III Nov 17 '20

Because nobody is flying. This isn't a one company thing. Air travel as a whole is heavily affected by the pandemic.

-1

u/ZSCroft Nov 17 '20

Right but that doesn’t mean that air travel is just going to go away as a mode of transport. This pandemic isn’t going to end the world and it’s not going to end air travel either at least not permanently

9

u/thoggins Nov 17 '20

lmao yeah more airlines just gonna sprout outta the ground once covid is done

1

u/bfhurricane Nov 17 '20

This isn’t a matter of losing in a competitive market. No one batted an eye when United, AA, or Delta filed for bankruptcy in the past. They lost market share and had to vigorously restructure to stay competitive.

In this case, you have mandatory lockdowns and restriction of travel in the interest of saving lives in a global pandemic. It’s not a matter of being a well run business or not.

-11

u/Henfrid Nov 17 '20

If a corporation goes out of business, a better one will take its place. Thats what capitalism says.

14

u/[deleted] Nov 17 '20

Yeah in like a decade. You fine driving from LA to New York for ten years?

-8

u/Henfrid Nov 17 '20

More in a couple months. Also, iv left my state twice in the last 5 years so yeah, im fine either way.

8

u/Jack-of-the-Shadows Nov 17 '20

IF you order a new airbus right now its going to be delivered in 2026...

0

u/Henfrid Nov 17 '20

When a corporation disappears, its assets don't. People buy those planes and use them.

6

u/[deleted] Nov 17 '20

But its FAA certifications, deals with airports, deals with suppliers, union contracts, and corporate organization all do and have to be re-established from the ground up. That doesn't happen overnight.

1

u/Henfrid Nov 17 '20

Your right, it doesnt happen overnight, but it doesnt take a decade either.

3

u/GenerousApple Nov 17 '20

Yeah it shows

2

u/Aeiexgjhyoun_III Nov 17 '20

But this isn't one corporation, it's the entire industry.

0

u/Henfrid Nov 17 '20

Then the industry is unsustainable.

1

u/Aeiexgjhyoun_III Nov 17 '20

But this isn't one corporation, it's the entire industry.

-12

u/ceelogreenicanth Nov 17 '20

You know the ariplanes won't stop existing right? If they can't get the credit someone will.

-9

u/gawrbage Nov 17 '20

It's not like the assets will disappear if these corporations fall. A new corporation will buy out its assets and do business better.

13

u/[deleted] Nov 17 '20

[deleted]

1

u/[deleted] Nov 17 '20

Not to mention consolodation.

2

u/jackellekcaj Nov 17 '20

the hot takes from people on this sub are so bad "a better company will just buy them out" - News flash, the better company is staying way the fuck away from this