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Exactly. You kept people employed and on their employers insurance, benefits, etc. You let businesses try to remain as operational as possible during the shut
by brightball 4y ago
Exactly.
You kept people employed and on their employers insurance, benefits, etc. You let businesses try to remain as operational as possible during the shut down.
The alternative was going to be mass layoffs, unemployment and medicaid/aca applications.
The people who keep harping on PPP seem to forget everything else that was done in the same time period.
- nrmitchi 4y agoThere’s a difference between people complaining about PPP as a concept (which I don’t think many are?) and complaining about PPP abuse, funds being given to companies that were not impacted by shut downs, straight up fraud, and people taking PPP money and buying lambos.
- tastyfreeze 4y agoThere was another alternative of not forcing businesses to shut down in the first place.
- hirvi74 4y agoFrom what I have gathered, 1.06 million Americans have died from Covid. Are you implying that more people should have been sacrificed to keep businesses profiting?
- nrmitchi 4y agoObviously. Grandparents should having been willing to sacrifice themselves for the sake of the economy /s
- tastyfreeze 4y agoThe CDC reports that more than 70% of the population has had COVID. Multiple studies have also reported that 40% of COVID cases are asymptomatic. A high percentage of the population has been infected. There is zero evidence that shutting down businesses did anything to prevent infections or reduce deaths. At best "closing the economy" delayed infection. https://www.webmd.com/lung/news/20220802/havent-had-covid-yet-wanna-bet https://www.webmd.com/lung/news/20220802/havent-had-covid-ye...