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OnlyPolls 14w

Regarding Spirit airlines, the government should have

#poll

Use taxpayer money to bail them out

Let another airline acquire them

Let them go bankrupt

597 votes

Anonymous 14w

Who tf voting for the corporate welfare option

Anonymous 14w

The vultures who owned Spirit debt did not want to be subordinated to the government. They just wanted to get paid and go home. There was no acquirer now. Republicans are arguing that JetBlue wanted to merge w spirit and the Biden admin blocked it on the argument less competition would be bad. I mean bankruptcy is just the market working and is the default (pun) outcome unless there is a compelling reason for the govt to throw significant amts of money into a business

Anonymous 14w

Letting another company acquire them is just stepping stones to monopoly theres already only so many major airlines. If theyre broke theyre broke and thats it.

Anonymous 14w

What is the difference between 2 and 3

Anonymous

#7 14w

If the government choose not to get involved & bail them out, they don’t really have a say in whether spirit gets acquired or goes bankrupt right? That’s up to if anyone offers to buy them? Or am I trippin

Anonymous

#7 14w

The government always has a say in major sales or acquisitions of companies especially those of which work internationally like airlines, its to 'manage monopolization' and protect international affairs, thats the current hold on the ea sale to saudi arabia in the gaming industry for example

Anonymous

#5 14w

ah i see thanks for explaining!!