The idea that “strong companies” don’t need help to survive an economic storm is a persistent one. The writer mentions a few aspects of the fallacy of thinking so.
Similarly, you might think that conservatives are hypocrites for supporting coronavirus “bailouts” today when they opposed bailouts during the banking crisis of 2008. But there’s a big difference. Today’s bailouts are necessary because government policy actions forced businesses into an unforeseeable calamity. In 2008, the banks and other businesses that faced insolvency had, in effect, created their own problems. The Darwinian solution makes sense only when the unfit destroy themselves.
Strikingly, these notions go to the heart of the difference between so-called conservative and liberal thinking. Under normal circumstances conservatives and liberals disagree about government intervention in the economy: Conservatives want less, whereas liberals want more.
This difference in world views, however, is more a difference of underlying assumptions than anything else. Conservatives assume that government is a necessary evil that, in any case, is a feature of the world we have, not of a world we wish to have. You can re-write that statement to create its exact opposite to see what liberals assume.
The consequences of coronavirus are almost certain to justify — over time — conservative skepticism of government. There will be those, also predictably, who will reject lessons learned. And so it goes.