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Much of the PPP loans taken were fraudulent, wasteful, unnecessary and inflationary. Businesses who had no need for them took them and had their best quarters a
by bern4444 4y ago
Much of the PPP loans taken were fraudulent, wasteful, unnecessary and inflationary. Businesses who had no need for them took them and had their best quarters and year. The market sloshed around and shot up with all this 'free' money.
We're willing to spend all this money unnecessarily on businesses but when it comes to supporting students all of a sudden - its too much and we have to draw the line!
I'd much rather see individuals paid directly than go through businesses and hope they are benevolent enough to use it on their employees.