U.S. airlines want a $50 billion bailout. They spent $45 billion buying back their stock.
https://www.stamfordadvocate.com/business/article/U-S-airlines-want-a-50-billion-bailout-They-15182769.php
Important to understand, it is estimated that the corporate sector responded to those tremendous tax cuts, by buying back roughly 1.5 TRILLION DOLLARS of their own stock. Not investing in technology, education, infrastructure, environment, et al.
Of course, the stock market liked that....but it with the tax cuts, also created bit of a fake South Seas Bubble, which when you add in a low-interest-rate environment and increasing personal debt load... in order to get returns on savings, Americans have been pushed into the stock market, and other high risk investments.... ignoring the traditional (and more stable) methods, like traditional savings accounts, CDs, or government bonds..... in short - depending on crazy debt and high risk.
I predict that the upcoming distribution of stimulus (virus) funds....under this present administration - is going to be a total crap show.