'I don't see how we get through this without wide-scale systemic solutions,' said one top tier-investor. 'We're going to have to rewrite the rules to get to the other side.'
Other measures to confront the economic meltdown may include stimulus options for both companies and individuals, like a payroll tax cut, which President Donald Trump has pushed for, despite an inability to gain bipartisan support. Enhanced small business loans through the Small Business Association and more support to states and individuals battling the crisis are also on the table.
As winners go, the airline industry is likely to draw the most bi-partisan support. The airline industry is critical to the U.S. economy. It employs 750,000 people. It allows travel throughout the country, including local hubs. Its fall would crush confidence in the U.S. economy. Any offer to aid the industry as individuals suffer is likely to bring those complaints back to the forefront.
Lewis' perception conflicts with that of the airlines' assessment of their current woes, but it highlights the difficult line politicians must walk in order to manage the crisis in an election year.Don't call it a bail out
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