EnemyOfEloquence t1_j5vrnfs wrote
Reply to comment by ONE_GUY_ONE_JAR in Philadelphia juvenile street gang linked to thefts of nearly 100 firearms from Pennsylvania gun stores by TreeMac12
Well then government shouldn't have forcibly shut down businesses. A lot of people were legitimately not allowed to work, and it was made to keep people employed.
It needed more oversight tho. If you want to audit something, the IRS should be looking into and making sure these were real companies.
shapu t1_j5vsqjj wrote
The problem isn't that PPP was created to keep people employed, or to keep idle employees paid. The problem is that PPP loans were made with little oversight, often to people who lied, and funds were not equitably or accurately distributed to the workers who were struggling.
It was a clumsy program that should never have existed. A much better solution would simply have been to distribute one month's worth of pay to everyone who reported income in the previous month, plus one month of earnings to everyone* with a schedule C, up to a cap.
ONE_GUY_ONE_JAR t1_j5vsh9u wrote
Most of the money went to solvent businesses and scammers. If the money went to places shutdown by the pandemic I wouldn't be upset. Small businesses that shutdown for years got a pittance along with ordinary people, while other businesses that were not affected by the pandemic got huge windfalls.
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