Re:Hazard pay in focus as essential workers earn less than t...
by andrewmutz on Thursday July 02, 2020 @11:49AM
(#23714594)
The government is not chartered to make money, but that's frequently a side effect of lending and equity. You can see the numbers here from the last bailout:
So, $120B profit. Again, I'm not saying we should bailout corporations and ignore the little guy. The stimulus checks are critical. But you can't compare them dollar for dollar.
https://projects.propublica.org/bailout/
The government handed out $634B.
The government recouped $390B + $364B = $754B.
So, $120B profit. Again, I'm not saying we should bailout corporations and ignore the little guy. The stimulus checks are critical. But you can't compare them dollar for dollar.