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Tuesday 30th December 2008, 11:45AM GMT.
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Why on earth didn’t the goverment step in & save Woolies???
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Quote Womble:
“Why on earth didn’t the goverment step in & save Woolies???”
I run my own business and I wouldn’t expect the government to step in and save my business if I didn’t make enough profit and went under. It’s a nice thought for me if they did, but imagine how many business’s would take that option? It’s bad enough having thousands on the dole without encouraging business’s to take the same route.
When the government does step in to save business’s who do you think ends up paying for it in taxes? I feel sorry for the people that will be made redundant but your comment defies logic.
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It does not matter if the government step in or not, businesses will not trade until people start buying.
Many business uses banks to bail out on hard times, but with banks not lending to anyone, more big firms will go.
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