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re: What’s the consensus on ppp loans

Posted on 7/1/23 at 8:43 am to
Posted by Lsut81
Member since Jun 2005
80380 posts
Posted on 7/1/23 at 8:43 am to
Don’t agree with PPP loans, but you’re talking apples and oranges

Govt shut down economy with no lifeline for workers, so PPP was welfare for all to keep economy going. Businesses running and people employed.

Student Loans were paused, so those with loans weren’t out anything and likely got the benefit of PPP in some form. Why should they get wiped clean when they made the idiotic decision?



Posted by fareplay
Member since Nov 2012
4984 posts
Posted on 7/1/23 at 8:44 am to
Having a business fail is normal as well no? Just like there are dumb students, there are businesses that deserve to close
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9695 posts
Posted on 7/1/23 at 8:46 am to
quote:

Don’t agree with PPP grants



FIFY
Posted by momentoftruth87
DeSantis Country
Member since Oct 2013
73243 posts
Posted on 7/1/23 at 8:48 am to
Lots of ppl scammed ppp. I live in a pretty lib state that was heavily restricted and nobody around me lost their jobs etc. it was all work from home and lots of these companies were making record profit with less overhead. Not saying it didn’t happen or eventually get worse but ppl scammed the shite out of ppp. Small business, non profits, even govt funded agencies took out ppp. It was very dumb.
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