Yes. Most of our companies that we talk to do qualify. Their production was down 30% to 40%, and their sales were down so much. I'm not sure about other sectors of the economy, but 30% a “revenue cliff” that I and others have called it is a substantial problem that probably should be softened. Early on we called for 15% in the first month, and we're happy to see that. So, yes, that's potentially something we could look at, certainly on the way out of this.
If you have it at 30% and you leave it there, and you don't soften it or wind it back down maybe towards 15% of revenues or something like that, it's going to have a big impact, because companies won't be able to operate if you have that 30% number stuck in there. We're suggesting that it not be kept at a 75% subsidy if you have, say, a 20% decline in revenue. Maybe it should be 50% support if there's been a 20% decline in revenue, or something like that. But, certainly, we need some type of tied-together formula that would be pretty simple to administer for government and for business, and that recognizes and supports growth in revenue and that transition off.
Frankly, you could start introducing that today. There's no reason you couldn't soften those numbers, but have a lower subsidy. Instead of just having it at 30% and 75%, maybe have it at 20% and 50%. I'm just putting out those numbers, but you could have some sort of a different scale on it that as well. So, yes, I think we would support something like that, and certainly on the way out, it's going to have to be there.