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The comparison is good in this regard: both programs

Posted on: August 26, 2022 at 09:15:32 CT
ummmm MU
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were handouts of taxpayer money.

Sure, there were some businesses that look PPP loans and did nothing but pay their employees to basically do nothing. But for many, it was a free grant to pay your employees, rent, and utilities while continuing to operate at the same or similar rate as before. Banks also made a killing with the 5% processing fees paid by the govt.

PPP and the other CARES handouts also ran cover for local govt shutdowns that probably could not have lasted but for the handouts. PPP was a bad program. I have hard time seeing the polishing of that turd.
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I think it's fun that folks think they're dunking on people - dangertim MU - 8/26 09:08:03
     end of the empire looting of the treasury - Ragnar Danneskjold MU - 8/26 09:20:37
     A question on some of the memes - meatiger MU - 8/26 09:11:28
          It's just a general comparison the left is making - Sal CMSU - 8/26 09:12:44
               ok..was not sure - meatiger MU - 8/26 09:21:44
                    They were basically grants with payback conditions. - ummmm MU - 8/26 09:23:54
     Businesses didn't have to be shut down to accept a PPP - ummmm MU - 8/26 09:10:07
          true, but it's an apple to potato comparison with the - dangertim MU - 8/26 09:11:04
               The comparison is good in this regard: both programs - ummmm MU - 8/26 09:15:32
                    a big difference is - JayHoaxH8r MU - 8/26 09:19:46
                         certain groups like reality tv rappers? - Ragnar Danneskjold MU - 8/26 09:23:27
                              Yes - JayHoaxH8r MU - 8/26 09:24:11
                    PPP was one of dozens of ripple effects - Eggs MU - 8/26 09:19:13
                         The other bad part - meatiger MU - 8/26 09:24:07
                              And the "emergency" can be anything - Eggs MU - 8/26 09:28:53
                                   yeah...climate change emergency - meatiger MU - 8/26 09:33:26
               And it's the same people always accusing the other side - Eggs MU - 8/26 09:13:01
                    "WHERE WERE THESE POSTS ABOUT THE PPP LOANS?!" - Sal CMSU - 8/26 09:13:53




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