3 ms·
I am not interested in the outcome for people like you and I. There could have been a ceiling on the refund. As I said in an edit to my original comment, I run
by mcculley 5y ago
I am not interested in the outcome for people like you and I. There could have been a ceiling on the refund.
As I said in an edit to my original comment, I run two businesses which each received both PPP loans. I and my employees benefitted. I still think it was unfair.
My employees should have received money directly and been allowed the agency to determine how to spend that money in a pandemic world. Instead, we propped up businesses that failed anyway and now there is less money to invest in new businesses.
I know of businesses that employed people doing nothing. I also know of businesses that took the loan and still laid people off. This is not good for GDP. It would have been better to stimulate at the individual level.