Monday, March 30, 2020

A loan is better than a handout

I prefer the government to give a soft loan to businesses and individuals to cope with the economic downturn, rather than give a cash handout.

Here are my reasons:
https://tklcloud.com/Feedback/feedback2.aspx?id=2768

2 comments:

Anonymous said...

Hopefully, the refill will not by a huge increase in GST?

Anonymous said...

Ya, they should take a bit of their own responsibility. If one wants to eat in restaurants most times, how much will never be enough? Some pow pei needs the top kindergarten. How much also not enough. Some families own a few cars. Over here there is the temptation to lots of entertainment of clubs and bars. GST costs not a deterrent for these people.
Some other countries shops and entertainments are closed early and on public holidays to discourage more spending and workers have more family time.
Double income here is never enough for families to save for months of the crisis now?

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