3 ms·
Plenty of people are mentioning it, it's all over the news. There was also plenty given to Republicans, when in the Senate they managed to include yet another
by dashundchen 6y ago
Plenty of people are mentioning it, it's all over the news.
There was also plenty given to Republicans, when in the Senate they managed to include yet another tax giveaway costing $90 billion for 2020 alone. The benefits will almost entirely be received by millionaires and billionaires.
https://www.washingtonpost.com/business/2020/04/14/coronavirus-law-congress-tax-change/ https://www.washingtonpost.com/business/2020/04/14/coronavir...
Personally I see it hard for Democrats to want to just up the amount in the fund without a strategy for distribution. Add in the executive branch immediately doing everything they can to undermine congressional and Inspector General oversight over these funds, we will have a repeat of TARP where large corporations were able to find all the bailouts they needed while SMBs were hung out to dry.
- s_y_n_t_a_x 6y agoI meant mentioning it here. I don't care about what sides did what when. I care that this program that was successfully lending money out has been allowed to dry up and is being used as leverage. Up the fund once more because it's being distributed too well, then start working on any restrictions you'll need on the future funding.
- jeromegv 6y ago"I don't care about what sides did what when." This is the opposite of accountability. And when politicians know that you won't keep them accountable and that they can keep doing whatever shit they want because "you don't care about which side does what", well, don't be surprised if things don't end up the way you want them to be.
- s_y_n_t_a_x 6y agoWho cares what the Republicans did a week ago, who cares what the Dems did a week ago. I care the Dems are blocking the funds to a program that was helping small businesses. I'm holding them accountable right now. Do you agree with their stance?
- deleted 6y ago[deleted]
- shard972 6y agoHe just told you why politics doesn't do anything for people like yourself, take the hint.
- icebraining 6y ago> I'm holding them accountable right now. Why should they care? They just have to wait a week.
- s_y_n_t_a_x 6y agoA week is a lifetime for some businesses.
- hv23 6y agoThe entire point is that we have no evidence that this program is "successfully lending money out". It's lending money out, yes, but with paltry oversight and no ability for the taxpaying public to verify that it's achieving its intended aims.