[–] KaputtmacherNL 0 points 1 point 1 point (+1|-0) ago (edited ago)
Something needs to happen and quick. The economy is getting killed. Millions are getting laid off and small businesses are getting rekt. And Wall Street doesn't care because the big boys will survive. They will even thrive with small businesses out the way because they will have no competition left.
[–] sohelpmehannah ago
My guess is every single business will be in line to apply - because, why not take govt money?
It would be impossible for the govt to fund the actual economy.
With a GDP of what, 18T?
I would guess every business will apply for a loan for their entire operations (even tho they are not supposed to) and that $350Billion will be gone in 5 days. WTF?
https://tweetsave.com/realdonaldtrump/status/1250834265471954945 :
Donald J. Trump on Twitter: "Democrats are blocking additional funding for the popular Paycheck Protection Program. They are killing American small businesses. Stop playing politics Dems! Support Refilling PPP NOW – it is out of funds!"
[–] thebearfromstartrack 0 points 1 point 1 point (+1|-0) ago
In my state (NC) the Federal paycheck (CARE?) unemployment deal $600 per week will not be taking APPLICATIONS until April 25th. I wonder if you can get BACK DATED funds or just going forward funds?