It's probably a little more nuanced in my position. The challenge with a bailout is that you tend to run into one of two problems. You're either giving money to an entity that doesn't need it, as we've seen some companies openly say; or you're giving it to companies that may not deserve it, because as I think the professor is indicating, if they can't survive but for the subsidy, then it's probably a bad idea to give it to them.
On March 23rd, 2021. See this statement in context.