5 ms·
It's kind of like at the beginning of the COVID-19 pandemic when some in the US were saying that the US government should just forgive mortgage payments so the
by jh00ker 9mo ago
It's kind of like at the beginning of the COVID-19 pandemic when some in the US were saying that the US government should just forgive mortgage payments so the landlords could forgive everyone's rent. Instead the US government gave businesses loans so they could pay their employees (even though they weren't able to work) so those employees could then pay their rent and buy food, etc. It was (perceived to be) better to inject the money into the system to keep the current system running, rather than turn off / forgive the major parts of the system.
- b3ing 9mo agoPPP loans were the biggest scam and giveaway ever. Many “businesses” bought cars and houses