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Republican leadership (honestly not being sarcastic...that seems to be an active and intentional goal of this administration)

by avs733 6y ago

danans 6y ago
While it's a good angle for some investigative journalism, I'm not ready to reach that conclusion unless some evidence emerges that shows that the loan approval process was politically slanted. What's even more striking in the statistics is that the loan granting rate in the south is significantly lower in many cases than the percentage of small business jobs saved. this seems to especially be the case in the poorest states in the South.
- avs733 6y ago
  There is a long pattern of behavior, which to me is evidence. Reported in places such as: https://www.washingtonpost.com/politics/this-is-hardball-trump-and-republicans-bolster-red-states-punish-blue/2017/09/25/e114cea4-9ef5-11e7-8ea1-ed975285475e_story.html https://www.washingtonpost.com/politics/this-is-hardball-tru... https://www.theatlantic.com/politics/archive/2020/05/trump-escalating-his-war-blue-america/611653/ https://www.theatlantic.com/politics/archive/2020/05/trump-e... https://www.cnbc.com/2020/05/05/coronavirus-trump-says-blue-state-bailouts-unfair-to-republicans.html https://www.cnbc.com/2020/05/05/coronavirus-trump-says-blue-... https://www.theatlantic.com/politics/archive/2019/09/trump-epa-california-car-emissions/598381/ https://www.theatlantic.com/politics/archive/2019/09/trump-e... I believe there was even a Harvard public policy journal article that made this argument which I can't locate at the moment.
  - danans 6y ago
    In general, I agree that the administration's policies have targeted blue states for punishment, the biggest example being the tax cut. But in the specific instance of the PPP loans, I'm just going to wait for the investigative reporting. That said the POTUS quotes in the CNBC article you linked regarding funding for coronavirus relief are pretty interesting in retrospect: “because all the states that need help — they’re run by Democrats in every case.” “Florida is doing phenomenal, Texas is doing phenomenal, the Midwest is, you know, fantastic — very little debt,”
- danans 6y ago
  Correction to my comment above: The loan rate in the South is significantly higher than the percentage of small business jobs saved, not lower.

Republican leadership (honestly not being sarcastic...that seems to be an active and intentional goal of this administration)

by avs733 6y ago

Republican leadership (honestly not being sarcastic...that seems to be an active and intentional goal of this administration)

danans 6y ago

While it's a good angle for some investigative journalism, I'm not ready to reach that conclusion unless some evidence emerges that shows that the loan approval process was politically slanted. What's even more striking in the statistics is that the loan granting rate in the south is significantly lower in many cases than the percentage of small business jobs saved. this seems to especially be the case in the poorest states in the South.

avs733 6y ago
There is a long pattern of behavior, which to me is evidence. Reported in places such as: https://www.washingtonpost.com/politics/this-is-hardball-trump-and-republicans-bolster-red-states-punish-blue/2017/09/25/e114cea4-9ef5-11e7-8ea1-ed975285475e_story.html https://www.washingtonpost.com/politics/this-is-hardball-tru... https://www.theatlantic.com/politics/archive/2020/05/trump-escalating-his-war-blue-america/611653/ https://www.theatlantic.com/politics/archive/2020/05/trump-e... https://www.cnbc.com/2020/05/05/coronavirus-trump-says-blue-state-bailouts-unfair-to-republicans.html https://www.cnbc.com/2020/05/05/coronavirus-trump-says-blue-... https://www.theatlantic.com/politics/archive/2019/09/trump-epa-california-car-emissions/598381/ https://www.theatlantic.com/politics/archive/2019/09/trump-e... I believe there was even a Harvard public policy journal article that made this argument which I can't locate at the moment.
- danans 6y ago
  In general, I agree that the administration's policies have targeted blue states for punishment, the biggest example being the tax cut. But in the specific instance of the PPP loans, I'm just going to wait for the investigative reporting. That said the POTUS quotes in the CNBC article you linked regarding funding for coronavirus relief are pretty interesting in retrospect: “because all the states that need help — they’re run by Democrats in every case.” “Florida is doing phenomenal, Texas is doing phenomenal, the Midwest is, you know, fantastic — very little debt,”
danans 6y ago
Correction to my comment above: The loan rate in the South is significantly higher than the percentage of small business jobs saved, not lower.