Marisa Bidois: Restaurant Association chief pushes back on idea that some businesses should be left to fail
Early Edition with Ryan Bridge · Newstalk ZB
October 11, 20213m 3s
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Show Notes
Pushback on the idea that some businesses need to fail after lockdown.
Economist Shamubeel Eaqub suggested some businesses should be left to fail, so others can thrive.
He says the Government shouldn't be expected to prop up businesses who go under post lockdown, as there will be too many businesses and not enough demand.
Restaurant Association chief executive Marisa Bidois told Kate Hawkesby it's not that simple.
"We need to remember these business owners are people. They contribute to the economy, they affect the supply chain, so it's absolutely imperative that we look at helping these businesses out."
LISTEN ABOVE
Economist Shamubeel Eaqub suggested some businesses should be left to fail, so others can thrive.
He says the Government shouldn't be expected to prop up businesses who go under post lockdown, as there will be too many businesses and not enough demand.
Restaurant Association chief executive Marisa Bidois told Kate Hawkesby it's not that simple.
"We need to remember these business owners are people. They contribute to the economy, they affect the supply chain, so it's absolutely imperative that we look at helping these businesses out."
LISTEN ABOVE
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