> To balance this, particularly your last paragraph I have the opposite viewpoint. The US government had ppp loans that were forgiven completely that effectivel

> To balance this, particularly your last paragraph I have the opposite viewpoint. The US government had ppp loans that were forgiven completely that effectively paid companies per employee. There was no reason not to over hire for a long period of time. PPP loans were based on 2019's average monthly payroll[1]. They did not have an effect on hiring decisions. [1] https://en.wikipedia.org/wiki/Paycheck_Protection_Program#Loan_amount https://en.wikipedia.org/wiki/Paycheck_Protection_Program#Lo...