Congress and the Trump administration, in their bid to funnel more than $650 billion in forgivable loans to small businesses struggling through the pandemic, delivered a program that didn’t work for many that needed it.
The Paycheck Protection Program, which sped through Congress, was a rare instance of bipartisan cooperation between lawmakers and the administration, and opened for business on April 3, just two weeks after it was drafted. The program, known as the PPP, kept millions of workers off unemployment rolls by providing...
According to the SBA, using the definition of small businesses as having fewer than 500 employees, there are 30.7 million small businesses in the country:
Congress took the funds for themselves.
That's because the people who didn't need it, got it 1st. Typical republican response to a crisis; sure up their donor base, and the little guy gets screwed. Then the little guy gets lectured about how he should stand on his own 2 feet and not rely on the welfare state.
But many were helped.
Govt always messes everything up, and naive millenials keep demanding bigger govt. sounds logical, thanks heliparents for raising dependent children
GloriousWednesdayService Repent and be holy. The Messiah is coming. Be ready for the rapture, church.
Two blue chips not dependent on aid for success -
trumpys only re-election tools are Hate & Fear. America, Lets not kid ourselves....
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