Re:Nearly 8M Americans have fallen into poverty since summer
by pkaye on Wednesday December 16, 2020 @02:17PM
(#25447114)
They could have done a tiered fund. A PPP pool for businesses under $<1M, $<10M, etc.
Also Trump removed the independent watchdog for the coronavirus funds.
https://www.politico.com/news/2020/04/07/trump-removes-indep...
The Federal government tried to create PPP programs, but look at what happened. Multi-million dollar franchises pulled in huge chunks while small restaurants got nothing. It's the 2008 bank bailouts all over again. It's like PS5/nvidia graphics cards scalping for businesses.
The corruption flows through every system, and the blame can be focuses on businesses with the means and people and legal staff to take advantage of the situation at the expense of every possible competitor.