Google, Facebook, other big companies call on Congress to help small businesses: Or losses could be 'catastrophic'

"By year end, the domino effect of lost jobs — as well as the lost services and lost products that small businesses provide — could be catastrophic,"Specifically, the business leaders call for federally guaranteed loans

to last "well into 2021" that give businesses "flexibility" in how the money is used. They also call for "at least partial loan forgiveness" for the hardest hit small to mid-sized businesses that are not publicly traded.

MakeIt You are all publishers. You all need to be neutered.

MakeIt Because small businesses employ almost half of private sector workers and provide 44% of the country's GDP, a hit to them would also wreck the U.S. labor market. Don’t tell Wall Street. They want to pretend that nothing is wrong economy as long as the Fed keeps propping it up

MakeIt Only big stores like Walmart, Costco, Amazon can stay opened in order to save smaller companies that were force to close😏

MakeIt Don't see Amazon on the list, oh wait, they destroy small businesses.

MakeIt Wait until they see what’s happening in the renting/housing field...

MakeIt Sure how about check all the profits you gain from this pandemic and give it back to the small businesses FAANG.

MakeIt ... and help the millions of small, ordinary citizens who are the backbone of this economy and who also make the purchases from ALL businesses, large & small-- NONE will stand without us

MakeIt If crony capitalism loses their scapegoat they might have to pay their fair share for the first time ever.

MakeIt That momey is going to end up in big tech hands either way.

MakeIt Nope. Trump will somehow find a way for his family and friends to grift.... No

MakeIt This is absolutely pathetic! Virtue signaling and race based handouts!

MakeIt Of course, as we are a nation of by, and for the small businesses👍 ....Yeah that’s right, I don’t think we forgot anyone

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What Facebook, Google and Amazon's earnings mean for our 2020 ad spend outlook - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Google Pixel 4a 5G and Pixel 5 announced before Apple's 5G iPhone 12 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »