Monday, January 9, 2023

PPP Wasted Billions

This report is Amazing and Disturbing...

In the meantime, the Paycheck Protection Program has contributed to the country's $31 trillion federal debt, an amount that eventually could lead to higher taxes and fewer government services.  "Basically," said MIT's Autor, "we've just put a huge debt on our children to pay people in the present."


 

2 comments:

  1. Here is what I don't understand, what utterly baffles me. Hunter Biden stands accused of selling political influence. Washington D.C. is full of people who tell their clients they have political influence and can sell it to them at the right price. When people make huge campaign contributions, don't they do it because they think they are buying political influence? Do you or anyone you know of, think that the billions flow into campaigns out of disinterested public spiritedness?

    --Hiram

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  2. I suppose there are many reasons why people give...

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