Bail out the people first, before the companies, in coronavirus crisis

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Unlike during the 2008 Great Recession, when the government leaped to assist financial institutions, the first priority now should be helping individuals in need, writes Frida Ghitis. 'Only then should we help businesses caught in this storm' | CNNOpinion

Frida Ghitis, a former CNN producer and correspondent, is a world affairs columnist. She is a frequent opinion contributor to CNN, a contributing columnist to The Washington Post and a columnist for World Politics Review. Follow her on Twitter @fridaghitis. The opinions expressed in this commentary are those of the author. Read more opinion on CNN.

No matter how much President Donald Trump and his acolytes persist in trying to minimize the dangers of the coronavirus, the rest of the world -- and the virus -- are not following his lead. As the number of cases kept climbing, the virus continued to drive uncertainty in the stock market, which fell steeply following the start of an oil price war. Trump flailed desperately on Twitter, and his Health and Human Services Secretary, of all people, raved in support of his boss that the economic fundamentals are"unbelievable.

 

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StayWonked Opinion It amazes me....6weeks ago...companies were flush with cash..balance sheets looked great...greedy executives buying back stocks...life was good...now,all of the sudden...companies need a bail out....or at least need help...irresponsible

Opinion With all that happening it seems like corporations will still be the primary beneficiaries of a government bailout.

Opinion The media is the cause of it!! Trump is helping all people who are in need of help !

Opinion That is completely and utterly the opposite of the GOP thought process. Money first, people.......meh

Opinion I approve this message. The last group that should receive any type of funding is Wall Street & Banks. People first.

Opinion 至今除了比尔盖茨,不知道有没有美国其他各界人士捐款捐物抗击疫情?请尽快敦促政府制定有效的抗疫措施,病毒可不会等待

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