> The PPP was the Paycheck Protection Plan. > It was not sold as a stimulus, it was to allow businesss to pay furloughed employees (in a bizarre ill-thought-ou

> The PPP was the Paycheck Protection Plan. > It was not sold as a stimulus, it was to allow businesss to pay furloughed employees (in a bizarre ill-thought-out privately-run unemployment insurance scheme) to continue to pay ongoing expenses. Can you clarify what's your rationale for believing that a program designed to "allow businesss to pay furloughed employees (...) to continue to pay ongoing expenses" does not correspond to an economic stimulus program?