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>the economy started tanking because people stopped going out and spending money. People continued spending money...mortgage/rent; car loans/insurance; food; e

>the economy started tanking because people stopped going out and spending money. People continued spending money...mortgage/rent; car loans/insurance; food; etc... >giving people money wouldnt fix this. PPP didn't fix it did it? There is an eviction and foreclosure crisis looming...giving people money may have done a better job than PPP in avoiding this coming disaster.

kryogen1c 6y ago
> People continued spending money i must be misunderstanding. surely you're not claiming that ordering people to stay inside and restricting building capacities didn't severely lower business revenue, are you? > PPP didn't fix it did it? i dont know why you said this. the PPP almost certainly fixed the short term problems created by a national quarantine. we're not out of the woods yet, but what do you think happened to all the money? you think hundreds of thousands of small business owners simultaneously committed fraud and didnt use the PPP for payroll? the PPP gave people money for rent, how did it not?