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> Given that Congress did not appropriate funds for a bar and restaurant bailout, I don’t think it’s crazy that governors mostly decided they had to reopen thei
by axiolite 6y ago
> Given that Congress did not appropriate funds for a bar and restaurant bailout, I don’t think it’s crazy that governors mostly decided they had to reopen their restaurants.
What you are talking about? There were multiple rounds of several federal bailouts for small businesses affected by COVID-19:
https://www.sba.gov/funding-programs/loans/covid-19-relief-options https://www.sba.gov/funding-programs/loans/covid-19-relief-o...
https://ilsr.org/information-on-covid-19-small-business-assistance-programs/ https://ilsr.org/information-on-covid-19-small-business-assi...
What's more, state governments are getting many billions of dollars from the federal government as well, which they can use to support for state bailouts of any businesses which fall through the cracks of those federal programs.
Re-opening the business where you have to take off masks and distancing is impractical is a good way to overwhelm hospitals, which costs a lot more money than keeping bars closed. Restaurants also have the option of switching to takeout-only to keep operating with no additional risk of infection.
- monocasa 6y agoThere's a lot of data that small business overwhelmingly didn't get that stimulus; they were just the excuse, but systematically missed out on it. https://www.msn.com/en-us/money/companies/the-stimulus-money-was-supposed-to-help-small-businesses-but-big-banks-reportedly-let-their-wealthiest-clients-get-money-first/ar-BB136h97 https://www.msn.com/en-us/money/companies/the-stimulus-money...