Should the Government bail out our businesses?

[Grant]

Do you think that governments for all countries should bail out businesses in their respective countries when needed? I know the pandemic affected many businesses, so much that some needed funding from the government or they ended up closing down.

With that being said, do you think the government for your country, should be responsible to help bail out failing companies?

 

[Heatman]

I believe that the government actually offer a lot of support to small scale businesses but unfortunately in my country it is the last time that our government would do because the only thing that they have interest in doing is taxing small businesses.

 

[Syldan]

Well if necessary they should help to make the business raise again.

The government are responsible for making all possible structures, that will helped to boost the economy and revive the falling business but not to fund them.

 

[Potuse]

The government of my country as engage in this type of activities for quite a long time because there are instances where there will be a lot of businesses that are liquidating.

 

[Kennysplash]

It is a wonderful idea when government intervene to help businesses that are about to shut down. However there is only little that they can do because thousands of businesses are on always on the brink of shutting down.

 

[Mayorla]

Yes, I think is a great for Government to bail out businesses when it is needed.
The pandemic affected a lot of businesses. Apart from the issue of pandemic, There are a lot of issues that can affect a business also.

 

[Heatman]

The government of my country as engage in this type of activities for quite a long time because there are instances where there will be a lot of businesses that are liquidating.

The government of my country does not care about the small businesses or how they grow or even the challenges that they face in running their business but only care about how to tax such businesses and even hinder their business activities.

 

[Laurentta]

I wouldn't say the government should be responsible for bailing out failing companies. It's actually not their duties, but i believe the government should help out failing companies if they are able to.

 

[Syldan]

Well it will be a good idea for the government to bail out business for their citizens due to the pandemic but personally I think if such is done, it will makes the citizens more lazy and dependable on the government.

 

[Nii]

For the post pandemic period, it was necessary to bail out businesses. But beyond that, it is not good for the business clime if the government keeps handing out bailouts to businesses. It would not allow the business sector to be self sustaining.

 

[Chibson]

The government actually have to take this kind of decision of bailing businesses because it will be an advantage to them on the long run. During the covid 19 pandemic a lot of countries actually took this decision and it paid off.

 

[Syldan]

Well it can be a better idea for such to be done, but it can als0 weaken the economy simply because they citizens won't be that hard working any more because they government can do everything on their behalf.

 

[Chibson]

Well it can be a better idea for such to be done, but it can als0 weaken the economy simply because they citizens won't be that hard working any more because they government can do everything on their behalf.

I don't think it will weaken the economy in any way. Government usually bail some businesses during periods like pandemic or some economic downturn. it will even help the economy because the businesses will be able to pay their taxes well.

 

[Nomad]

Why should the government bail out the businesses? I do not see any point. Instead of spending money to bail out business that are only concerned with profits, government should actually provide assistance to the common people.

 

[Syldan]

Well it's not bad actually and I also believe it depends on circumstances which occur.

Personally I will see no reason why the government should bail out our business.

I believe that will makes alot of people to be more lazy.

 

[Joy123]

Yes, government should bailout failing businesses. For instance, they should intervane if the failure of a business or company could affect or damage the national economy.

 

[Robust]

Yes and it will really be nice and great if the government of each country try to bail out many businesses, it will really help the masses and inflation will be reduced.

 

[Good-Person]

The government of my country does not care about the small businesses or how they grow or even the challenges that they face in running their business but only care about how to tax such businesses and even hinder their business activities.

The government in here does not even care about big businesses either. They are interested in collecting taxes only. However, the fact remains that they may offer subsidies to a few huge corporations for their own benefits.

 

[Nii]

He who pays the piper detects the tune. If the government starts to bailout businesses, it might want to control the activities of businesses and that is not good for the business sector.

 

[eenya00]

This is a way the government of a country that has its citizens at heart can be able to help them especially during this trying times that most businesses are folding up.

 

[Abigael]

Yes, I think the governments should assist in bailing out businesses during such crises. After all, the government depends on businesses to develop its economy and so they should show support to them.

 

[Lens]

There some businesses that needs bail out from the government and if the government act in such capacity , it is not wrong because it is one of the duties of the government to protect investment.
There some businesses that needs bail out from the government and if the government act in such capacity , it is not wrong because it is one of the duties of the government to protect investment.

 

[Heatman]

Well it will be a good idea for the government to bail out business for their citizens due to the pandemic but personally I think if such is done, it will makes the citizens more lazy and dependable on the government.

I believe that in a country where the government is always supportive of the little effort their citizens are making will always have the people supporting the government's completely. But unfortunately, it is not the case in my own country with our government.

 

[eenya00]

I believe that in a country where the government is always supportive of the little effort their citizens are making will always have the people supporting the government's completely. But unfortunately, it is not the case in my own country with our government.

It is also the same for my country as well, the government does not seem to care for the common man, infact they put policies that would add more suffering to existing business.

 

[Lynaia]

The are so many ways government can offer support to every business but bailing out every business by government is something that will never be possible unless you want the government to remain penniless

 

[Ernestnari]

The are so many ways government can offer support to every business but bailing out every business by government is something that will never be possible unless you want the government to remain penniless

That's true. The role that government can play in business is to provide infrastructure that would help the business sector to flourish. They can also provide policy framework to help businesses.

 

[eenya00]

That's true. The role that government can play in business is to provide infrastructure that would help the business sector to flourish. They can also provide policy framework to help businesses.

i believe that this is what most business owners are looking for at the moment, just provide them with the necessary infrastructure for them to thrive and grow as a brand.

 

[Syldan]

Well I think it depends on people opinion for the government to do that.

Sometimes it's their duty to makes the economy a suitable grown for growth and development but it doesn't means the should takes charge of our business to the extent of bail.

 

[Heatman]

It is also the same for my country as well, the government does not seem to care for the common man, infact they put policies that would add more suffering to existing business.

It's seriously breaks my heart whenever I look at what the government of my country is doing to small businesses by making life miserable for them. This is because I'm also facing some challenges as well in my own small business of poultry and fish farming.

 

[eenya00]

It's seriously breaks my heart whenever I look at what the government of my country is doing to small businesses by making life miserable for them. This is because I'm also facing some challenges as well in my own small business of poultry and fish farming.

It is never a good site to behold as the government of the day is frustrating people's effort to make sustainable income for themselves always bringing policy that are anti people.

 

[Syldan]

Well it depends on the kind of business to which the government intend to bail out.

And I also believe there are several ways to which government can bail out business either to engaged in the provision of the various necessity to the public through public enterprises.

 

[Abigael]

It's seriously breaks my heart whenever I look at what the government of my country is doing to small businesses by making life miserable for them. This is because I'm also facing some challenges as well in my own small business of poultry and fish farming.

It is so bad when the government works against small businesses. Those are the ones that raise the economy most and it is expected that the government should be protecting them better.

 

[Danny4cash]

It's not easy for government of a country to bail out business owners during difficult time pandemic. There are many business owners. How many can government touch? Except the government want to select few of business owners for the bail out.

 

[Jonaville]

I believe that the government actually offer a lot of support to small scale businesses but unfortunately in my country it is the last time that our government would do because the only thing that they have interest in doing is taxing small businesses.

All the government officials know is to take from you and that is a very bad idea. This is why you find it hard for you to see someone who can boldly come out to say that he was being helped by the government

 

[Syldan]

Well I think it should depends on the situation and the kind of business to which it can be bailed most especially those business that has to do with public well being.

If the government do that all the time, it will be at their risk.

 

[Chibson]

Yes, government should bailout failing businesses. For instance, they should intervane if the failure of a business or company could affect or damage the national economy.

You are actually very right on this. That is the reason why some countries always take that decision in order to bail out some businesses. A typical example is during the coronavirus pandemic.

 

[Danny4cash]

Well I think it should depends on the situation and the kind of business to which it can be bailed most especially those business that has to do with public well being.

If the government do that all the time, it will be at their risk.

When there's an issue in the country that's affecting the economy, what the country should do is to look for ways reduce the price and provide palliative to everybody. It cannot be easy for government to bail out all business.

 

[Good-Person]

I believe that in a country where the government is always supportive of the little effort their citizens are making will always have the people supporting the government's completely. But unfortunately, it is not the case in my own country with our government.

There are many governments that support the citizens because they have good taxation system and accountability system as well. This does not happen in all the countries, though.

 

[riberet19]

Well this is a question a bit difficult to answer in reality, because if a company is private, those who should take charge of its management and in case of bankruptcy should be its owners and associates, since it has nothing to do with the government, but it is true that these companies pay their taxes and surely contribute quite well to the country, so I think it's up to the government in question whether it does it or not, I don't see a clear answer here.

 

[Immilash]

I don't think if that will happen, the government are not really doing anything good that will help in the success of it's citizens, especially my country Nigeria it's worse.

 

[Nii]

There is a reason it is called private sector. The role of the government is just to make sure that there is an enabling environment for investors and businesses to thrive. Government can only bailout businesses in the public sector.

 

[Immilash]

On my own point of view I don't think if the government really care about us the citizens, most of the leaders are not doing the right thing, that's very bad for a country to be going through thing's like this.

 

[Shigobad2020]

Many business has been ruined just because they can't afford to keep up with the tax from the government and to some , debt is the issue for closing down the business , but the government are only ready to help the well established companies .

 

[Immilash]

Many business has been ruined just because they can't afford to keep up with the tax from the government and to some , debt is the issue for closing down the business , but the government are only ready to help the well established companies .

That's true, but over here in my country you can start up a business without paying any taxes, you can earn a considerable amount of money if you have the knowledge.

 

[Syldan]

Well I think there are some independent responsibility that can be played by the government in respect for their love wellbeing and not necessarily to bail out their business.

Personally I think that will make the citizens becomes more lazy.

 

[Planbizzle]

Large-scale government interventions to support struggling businesses have occurred in the context of particular crises, like the recent COVID-19 pandemic. In the United States, the CARES Act provided financial assistance to businesses affected by the pandemic.

 

[Immilash]

Well I think there are some independent responsibility that can be played by the government in respect for their love wellbeing and not necessarily to bail out their business.

Personally I think that will make the citizens becomes more lazy.

We'll that's true, but for me I don't think the government of nowadays will like to do such a thing, the government are not doing anything good for their citizens.

 

[eenya00]

There is nothing in this world that is easy, but with time it becomes a lot more easier and the government of any country that has the interest of it's people at heart should be willing to assist masses

It's not easy for government of a country to bail out business owners during difficult time pandemic. There are many business owners. How many can government touch? Except the government want to select few of business owners for the bail out.

 

[joy101]

It's will be very good for government to bail out business, but government in my country doesn't care about business here, because we know that during pandemic period businesses really suffered.

 

[Syldan]

Personally I believe there are several ways to which the government can improve the standard of living in their respective countries in terms of development which will enhance market. but the government should not bail out our business because it makes alot of people very lazy.

 

[Genie01]

Personally I believe there are several ways to which the government can improve the standard of living in their respective countries in terms of development which will enhance market. but the government should not bail out our business because it makes alot of people very lazy.

You are very right, if the government decided to make policies that helps small and medium enterprises thrive, it will definitely help them and ultimately boost the economy of the country.

 

[eenya00]

Many business has been ruined just because they can't afford to keep up with the tax from the government and to some , debt is the issue for closing down the business , but the government are only ready to help the well established companies .

I don't believe that taxation ruins businesses but rather it helps business as taxation helps the government to provide basic amenities that businesses requires to strive.

 

[Immilash]

It's will be very good for government to bail out business, but government in my country doesn't care about business here, because we know that during pandemic period businesses really suffered.

That will be a good idea but the problem the government of nowadays are not trying, what they only care about is how they can earn more money.

 

[Syldan]

Personally I think it will be a bad idea for the government to bail out our business but I believe there are other several ways to which the government can helped it citizens in terms of economic development.

Such as the provision of the basic infrastructure etc.

 

[Immilash]

Personally I think it will be a bad idea for the government to bail out our business but I believe there are other several ways to which the government can helped it citizens in terms of economic development.

Such as the provision of the basic infrastructure etc.

The government I know will do no such thing, the government don't really care about things like this, they are not doing anything that will it's citizens.

 

[Danny4cash]

Well this is a question a bit difficult to answer in reality, because if a company is private, those who should take charge of its management and in case of bankruptcy should be its owners and associates, since it has nothing to do with the government, but it is true that these companies pay their taxes and surely contribute quite well to the country, so I think it's up to the government in question whether it does it or not, I don't see a clear answer here.

This is very true. I don't see the reason why government should be the one to bail out private businesses during hard time. As a business owner, you should know they will be hard time once in a while and you should plan ahead how you would cope during and after the hard time.

 

[riberet19]

This is very true. I don't see the reason why government should be the one to bail out private businesses during hard time. As a business owner, you should know they will be hard time once in a while and you should plan ahead how you would cope during and after the hard time.

Exactly, that's why its name is private, there are no interventions by third parties directly in it, it is managed by its owners, the government has little to do with it, it is true that many times governments rescue companies that are of vital importance for the stability of a country, but when they are not, they simply don't, but really we all pay taxes, so this should not be an excuse for a bailout simply because of a bankruptcy.

 

[Abigael]

I don't think if that will happen, the government are not really doing anything good that will help in the success of it's citizens, especially my country Nigeria it's worse.

It is so unfortunate that most governments are like that. They will not do anything to bail out struggling businesses. Even it they introduce such a program, corrupt leaders interrupt with it reaching the common citizen. I don't know if this will ever change.

 

[Chibson]

Yes, I think the governments should assist in bailing out businesses during such crises. After all, the government depends on businesses to develop its economy and so they should show support to them.

it is actually for the interest of the country generally for the government to bail out businesses. Businesses pay taxes to the government and in such a situation the government have to intervene. It can also help to revive the country's economy.

 

[Ernestnari]

it is actually for the interest of the country generally for the government to bail out businesses. Businesses pay taxes to the government and in such a situation the government have to intervene. It can also help to revive the country's economy.

Did you get the point here? How many businesses can government bailout as in giving them money. Government can only set up programs that business can leverage on to help themselves. Government can set up a 1% loan scheme or something of that nature.

 

[Chibson]

Did you get the point here? How many businesses can government bailout as in giving them money. Government can only set up programs that business can leverage on to help themselves. Government can set up a 1% loan scheme or something of that nature.

Well, it is being done in so many countries. After the coronavirus pandemic government in some countries did that and it worked. Setting up a loan scheme or grant is also a good option.

 

[Ernestnari]

A grant is not even possible. That's because it can't go around for all busineses. Every business was negatively impacted on by the Corona virus pandemic, how much would government spend to give grants to all businesses in a country?

Well, it is being done in so many countries. After the coronavirus pandemic government in some countries did that and it worked. Setting up a loan scheme or grant is also a good option.

 

[Chibson]

A grant is not even possible. That's because it can't go around for all busineses. Every business was negatively impacted on by the Corona virus pandemic, how much would government spend to give grants to all businesses in a country?

There are some countries where credit facilities are easily provided and businesses can have access to it. I think it depends on the country because it is easy to do in some certain countries.

 

[Ernestnari]

There are some countries where credit facilities are easily provided and businesses can have access to it. I think it depends on the country because it is easy to do in some certain countries.

The only thing that the government can do as assistance to businesses is to reduce the interest rates to make sure sure businesses are able to secure funding that would help them recover..

 

[Chibson]

The only thing that the government can do as assistance to businesses is to reduce the interest rates to make sure sure businesses are able to secure funding that would help them recover..

Government bailing out businesses does not mean that they will give free money to them. There are different kinds of steps they can take and one of them is through grants. Reducing the interest rate is also another strategy.

 

[Immilash]

It is so unfortunate that most governments are like that. They will not do anything to bail out struggling businesses. Even it they introduce such a program, corrupt leaders interrupt with it reaching the common citizen. I don't know if this will ever change.

Yes that's exactly my point, that's why you don't need to depend on those kinds of things,if you start up a business just put it on mind that you are alone.

 

[Chibson]

Yes that's exactly my point, that's why you don't need to depend on those kinds of things,if you start up a business just put it on mind that you are alone.

Every businessman should have at the back of his mind that the government may not come to his aid. But there are some situations where the government have no other option than to take that decision especially during the period of coronavirus pandemic.

 

[eLdavis]

It would be very nice if the government can do this, but the truth of the matter is that it would be impossible. The government cannot carter for every business owner out there. Even if they have the resources to do so, most of them would not, due to corrupt practices.

 

[Ononivami]

The government can engage in bailing out any kind of business because it's their primary assignment. However, there are lot of businesses that would want to go bankrupt and would receive grants from the government.

 

[Chibson]

The government can engage in bailing out any kind of business because it's their primary assignment. However, there are lot of businesses that would want to go bankrupt and would receive grants from the government.

It is not every business that goes bankrupt that will get financial aid from the government. Government mostly do that when there is an economic downturn. During the Corona virus pandemic government in some countries actually bailed out some businesses with grants.

 

[Ernestnari]

The government can engage in bailing out any kind of business because it's their primary assignment. However, there are lot of businesses that would want to go bankrupt and would receive grants from the government.

How is it the government's primary assignment to bail out businesses in a capitalist economy? The government just shows sympathy and wants to stimulate growth of the economy when they bail out businesses. Private sector businesses are supposed to be on their own.

 

[Good-Person]

Well, it is being done in so many countries. After the coronavirus pandemic government in some countries did that and it worked. Setting up a loan scheme or grant is also a good option.

Well, there are many governments who tend to offer subsidies on various businesses and this is what my country did in the past. However, now they are no longer offering subsidies at all because they have taken loans from IMF.

 

[Chibson]

Well, there are many governments who tend to offer subsidies on various businesses and this is what my country did in the past. However, now they are no longer offering subsidies at all because they have taken loans from IMF.

Any country that always takes loans from international monetary fund is in trouble. My own country have done that in the past and the value of our currency was devalued. Since then successive governments have refused to tow that path.

 

[Good-Person]

Any country that always takes loans from international monetary fund is in trouble. My own country have done that in the past and the value of our currency was devalued. Since then successive governments have refused to tow that path.

Borrowing money is just like inviting trouble. The fact of the matter remains that any country that borrows money has to pay a lot more than what it borrowed. This means a country must use its resources in order to pay the loan back. This could be a bad thing for a country.

 

[Syldan]

Actually it's not bad for the government of a particular country to assist or helped it citizens in the various ways to promote the level of their earnings but personally I believe it will be a vety bad idea for them to bail out all our business because that will makes the citizens very lazy and great depends on the government for survival.

 

[Chibson]

Borrowing money is just like inviting trouble. The fact of the matter remains that any country that borrows money has to pay a lot more than what it borrowed. This means a country must use its resources in order to pay the loan back. This could be a bad thing for a country.

Well, some countries like the United States have a lot of debts but it was used to develop their country and their economy. But in some countries whenever they borrow it will not be used to develop the economy to generate the money back.