Quote:
Originally Posted by cmyx6go
I don't want to get political so I'll keep this short and sweet. The government caused this. If they determined you weren't an essential business, you were done. The PPP allowed a lot of companies to stay in business that would have gone out otherwise do to the lockdowns. Were there abusers and fraud, yes. I can't deny that. But it saved many. Someone else paying a loan YOU took out on your own that you shouldn't have is different.
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the way it ended was everyone was considered essential... forget the fraud... i am strictly referring to how the program was setup for business owners to take advantage of it legally...
as far as student loans... you don't think the government caused that?
my friend... that is exactly how tuition skyrocketed in the first place... the availability of loans that were backed by the govt for colleges to pump out as many worthless degrees as possible... it was setup effectively as a scam lol to promote a business which in fact should have been an educational institution