Quoted from CrazyLevi:The cruise lines are a shitty, tax dodging industry with a terrible labor record and they won't be missed. Really wouldn't shed a tear if they didn't get a single bailout dollar. We don't need them, they provide zero of value, and they suck.
I agree. Here is another thought though, what really happens if the cruise lines go bankrupt anyway? It's not like those large floating capital assets suddenly vanish or turn to dust...they will just be sold to another business and go right back out to sea at the first opportunity...employing the same number of ship hands as they were before...
If the industry is permanently damaged due to people not wanting to go on cruises for health reasons that's an entirely different issue (that a bailout is also not going to address) but what jobs are we really protecting with a cruise industry bail out since the capital assets will just be put right back into use by a new entity anyway?