Why is there outrage over well-run, profitable companies taking federal COVID loans? Just because they have cash in the bank doesn't mean they're not affected. Wouldn't it be unfair to only give the loans to those who weren't prepared?
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Because small business aka not $49 billion funds needed that money to survive and there is none left for them. Might want to delete that tweet buddy.
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Honest question. Would you also feel the same for say $2000 per month per person until the economy gets stabilized? No matter income level?
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Yes, cash should be printed and distributed equally. You increase the size of the pie, and you increase the size of everyone's slice. I mean US taxpayers. Of course, all non-taxpayer citizens get massively diluted. Alternative is to trust some corrupt official to distribute.
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It was intended for small businesses. The money was zero sum Because big businesses took these loans a lot of these people will lose their businesses and jobs permanently. Don’t say something so stupid and out of touch. I’m done using kraken now.
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Free money, why not? Would be irresponsible not to take it.
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the point is very valid, not sure why people can not see this, a profitable business has to use its free cash to take the shortfall and now they are suffering, meanwhile irresponsible ceos get the bbbrrrr
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If you don’t understand the importance of small businesses to the United States, you are beyond help and definitely not fit to run a businesses. I wouldn’t trust my funds with someone as thick as you
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If you understood how banks work you would know that is not possible