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submitted 10 months ago by return2ozma@lemmy.world to c/news@lemmy.world
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[-] ratman150@sh.itjust.works 70 points 10 months ago

I think this is a good move. Plenty of PPP money was handed out to the wrong people for the wrong reasons. It was a loan after all and the people I'm talking about sure seems to hate the idea of student loans being forgiven.

[-] meco03211@lemmy.world 35 points 10 months ago

I know just such a jackass. Took almost $100k in PPP loans and had it all forgiven. Goes apoplectic at the notion of forgiving student loans. He definitely employees people with student loans. Wish there was a way that didn't seem just petty as fuck to let them know how their boss wants life to be more difficult for them.

[-] reagansrottencorpse@lemmy.world 25 points 10 months ago

I don't understand why all these dicks were allowed to get massive loans that they never have to pay back. Wtf.

[-] ShepherdPie@midwest.social 28 points 10 months ago

Trump and the Republican are why.

The data obtained by POGO appears to show mass close-outs of 2.7 million flags on two separate days near the end of the Trump administration. On a third day shortly before President Joe Biden’s inauguration, the SBA cleared out 99.1% of “special review” flags, almost entirely assigned to the very largest PPP loans above $2 million.

https://www.pogo.org/investigations/the-great-pandemic-swindle-feds-botched-review-of-billions-in-suspect-ppp-loans

The whole program was designed as welfare for wealthy Conservatives like always.

this post was submitted on 28 Dec 2023
321 points (97.9% liked)

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