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0 0 0.000228798047590003 -0.00160158633313002 -0.00449969493593657 -0.0209731543624161 -0.0157870652837095 -0.014261744966443
Stock impact report

Don't Revive Boeing By Killing Capitalism [Forbes]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: Forbes
RENTON, WA - DECEMBER 16: A pair of workers walk in to the Boeing 737 factory on December 16, 2019... [+]in Renton, Washington. The company announced it is suspending production of the plane, which has been grounded since early 2019 after two crashes, in January 2020. (Photo by Stephen Brashear/Getty Images)Capitalism is on trial in America. And to save it, every penny of government aid in the COVID-19 rescue package, the CARES Act, should reach people, not big businesses. But we know the usual argument against such an idea: we need to rescue big companies to save Main Street. Failure of companies like Boeing will lead to massive disruptions in supply chain and labor force participation. We must, therefore, bail them out to save the world. A similar economic rationale was used to justify the bailout of big banks in 2008-09. This argument, unfortunately, is not backed by sound economic theory. Instead of bailing them out, we should invest in them at a "fair" rate of return. All we need Show less Read more
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