I agree with this in principle, in the sense that it's frustrating that people who complain endlessly about the stimulus checks seem to think the PPP loans were a necessity, and that's rank hypocrisy. But the phrasing of this statement is bullshit. The PPP loans totaled a little under $800 billion, while the stimulus checks totaled a little over $800 billion. So it was a lot more than "a few $600 checks".
7 Comments
keeb420@kbin.social · 23 pts · 3y
also the people who stole ppp loans thinks its unfair you or someone you know might benefit from having their education costs wiped away.
KBTR1066@kbin.social · 12 pts · 3y
I agree with this in principle, in the sense that it's frustrating that people who complain endlessly about the stimulus checks seem to think the PPP loans were a necessity, and that's rank hypocrisy. But the phrasing of this statement is bullshit. The PPP loans totaled a little under $800 billion, while the stimulus checks totaled a little over $800 billion. So it was a lot more than "a few $600 checks".
Martineski@lemmy.fmhy.ml · 8 pts · 3y
I'm not going to fact check this number and I will just edit the title with it.
Maya@lemmy.fmhy.ml · 3 pts · 3y
Just in case anyone comes along to question this.
https://www.nytimes.com/interactive/2022/03/11/us/how-covid-stimulus-money-was-spent.html