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Why is childcare being backstopped???, page-85

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DavoMagic

16,850 Posts.

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06/04/20

13:40

Post #: 43905001
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Originally posted by pugsley100: ↑

These days childcare is considered an essential service.
It's mostly private and risked sinking due to lack of income.
They have been thrown a lifeline.
If they all went broke now someone would need to buy them at bargain basement prices and open up again.
Or make them publicly owned.
Bought for peanuts but expensive to run when they started up again.

The economic shutdown is supposed to be temporary with maybe a 10 year recovery til the next crisis comes.

When the worst is over, then the over leveraged ones can go broke and be snapped up at a later date.
Maybe more consolidation.

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these days is not reality.

The shit is only just starting.

Thats why Fitzsimons and the airlines are trying to get in now.

An absolute powder keg is brewing and those in the ivory towers can't see it yet!!!

If they just stuck to jobseeker and job keeper they would be seen to doing enough.

The elite spend is going to blow up in their faces just before election time!!
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