‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines

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Spirit Airlines may have only days to secure a lifeline, but multimillionaire investor and Shark Tank star Kevin O’Leary thinks Washington should let the budget carrier crash and burn.

In an interview on Thursday on NewsNation’s Katie Pavlich Tonight, O’Leary called the Trump administration’s reported $500 million plan to rescue Spirit Airlines a “really bad idea,” arguing that propping up failing companies undermines the logic of American capitalism.