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EarthFirst

(2,897 posts)
Sat Mar 28, 2020, 06:04 PM Mar 2020

Report: 78% of American Corporations Living Stimulus to Stimulus

WASHINGTON — The U.S. Department of Commerce issued a concerning report this morning, finding that 78% of American corporations are barely scraping by and living stimulus to stimulus, sources laying naked atop a tiger pelt confirmed.

“It’s dire straits for hard-working legal entities in America, with many businesses struggling to dole out even a cool million in fun money to execs like me,” commented Royal Caribbean’s CEO Richard Fain while holding back tears as he opened a safe hidden behind a painting that was only half full of gold and ivory. “Corporations have already done everything we can to cut operating expenses — we slashed health benefits, reinvested our employees’ 401k accounts into stock buyback plans for our board members, and it’s still not enough. Hell, American Airlines euthanized half their flight crew, but Uncle Sam just pulls his purse strings tighter, sliding us mere single-digit billions: proof the federal government doesn’t give two shits about struggling Ltd’s. We have sharks and huge tanks to buy, damn it!”

Rep. Michael McCaul held a press conference to address legislation he introduced to help executives affected by the economic downturn.

“It’s a crying shame that we’re failing the corporations of this country by wasting millions on paid sick leave that people will just abuse by smoking Schedule-1 marijuana and shirking their economic responsibilities. Corporations are people, too, and since Coca-Cola can’t take a day off, neither should anyone else,” said McCaul, pulling out a binder containing his stimulus bill. “What I’m proposing is a modest $10B for each corporation whose founder doesn’t yet own an island, and a $40B slush fund for cabal meetings on the islands they’ll purchase to stimulate the economy.

https://thehardtimes.net/culture/report-78-of-american-corporations-living-stimulus-to-stimulus/

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Report: 78% of American Corporations Living Stimulus to Stimulus (Original Post) EarthFirst Mar 2020 OP
Sadly, I didn't realize this was satire until I started reading the article Victor_c3 Mar 2020 #1
I've heard many of them don't even have $400B for an unexpected expense. nt Buns_of_Fire Mar 2020 #2

Victor_c3

(3,557 posts)
1. Sadly, I didn't realize this was satire until I started reading the article
Sat Mar 28, 2020, 06:25 PM
Mar 2020

I read something a few days ago stating that if this economic slip is only half as bad as the bush recession of 2008, that 40% of corporations could face bankruptcy.

I say let the corporations fail. Give the money earmarked to the corporations to small business owners and individuals and watch the stimulus work its way up to responsibly run corporations (assuming those actually exist).

Oh, and provide generous unemployment benefits to those who will invariable lose their jobs when the corporations go bankrupt.

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