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re: $800 a week if you are laid off?

Posted on 3/25/20 at 8:16 pm to
Posted by lsunutinno
Dome Island
Member since Nov 2004
1307 posts
Posted on 3/25/20 at 8:16 pm to
Small business owners will be the biggest losers in this. Employees will either get paid by their employers or by the government. Meanwhile, small businesses will lose a month or two of revenue. The solution for them, “ tough shite, go get a loan”.
This post was edited on 3/25/20 at 8:18 pm
Posted by mmmmmbeeer
ATL
Member since Nov 2014
7730 posts
Posted on 3/25/20 at 8:34 pm to
quote:

Small business owners will be the biggest losers in this. Employees will either get paid by their employers or by the government. Meanwhile, small businesses will lose a month or two of revenue. The solution for them, “ tough shite, go get a loan”.



The SBA clauses are quite generous to small business owners from my understanding. I'm not one so haven't dug too far into it but sounds like there's going to be plenty of help available.
Posted by Ron Popeil
Mississippi coast
Member since Nov 2018
804 posts
Posted on 3/25/20 at 9:14 pm to
quote:

Small business owners will be the biggest losers in this.
This is true, why would a guy making $14.00 an hour want to go to work when he can collect a government check for almost double while sitting in his apartment smoking weed and playing video games. I own a small business and I’m worried that my guys will quit and claim unemployment despite the fact that we have been deemed an essential service and have work booked for the next 6 months.
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