Re:U.S. inflation rate rises to 13-year high of 5.4%
by mywittyname on Thursday October 14, 2021 @01:56PM
(#28867637)
There are public records of PPP payouts. There is no shortage of BS on it too. There are pages and pages of million dollar+ loans in my neck of the woods.
A local pizza joint took home a quarter million dollars. Local two-person investment firm: $260k. Family member of mine bragging about record revenues & so much work: 300k. Two places I used to work (who are bragging on LI about having too much work so are hiring like mad, one of which uses mostly offshore workers) $1.7MM and $1.1MM. Big local property management company benefiting from outrageous rents: $2MM. Several staffing companies $10MM!! That might be the max, there are lots of $10MM companies on the list.
And there are countless 1 person LLCs that took home $20k+. Go put in your ZIP, sort by least number of employers and look at how many individuals where handed out five figures. Bunches of them around me were lawyers and accountants.
> The total expenditure for those was >800 billion, which I believe is more than the total expenditure for the PPP.
Barely, they were both around $800 billion. Just one went to every American, while the other went to the Business Class (who also received those stimulus checks, btw).
A local pizza joint took home a quarter million dollars. Local two-person investment firm: $260k. Family member of mine bragging about record revenues & so much work: 300k. Two places I used to work (who are bragging on LI about having too much work so are hiring like mad, one of which uses mostly offshore workers) $1.7MM and $1.1MM. Big local property management company benefiting from outrageous rents: $2MM. Several staffing companies $10MM!! That might be the max, there are lots of $10MM companies on the list.
And there are countless 1 person LLCs that took home $20k+. Go put in your ZIP, sort by least number of employers and look at how many individuals where handed out five figures. Bunches of them around me were lawyers and accountants.
> The total expenditure for those was >800 billion, which I believe is more than the total expenditure for the PPP.
Barely, they were both around $800 billion. Just one went to every American, while the other went to the Business Class (who also received those stimulus checks, btw).