They crowded out the people who actually needed the money to keep their business running and their employees paid. That was the supposed purpose of PPP - Paycheck Protection Plan.
Companies that didn't really need the money - they had cash reserves - were glomming it up as quickly as they could thanks to their government connections, leaving little or nothing for the small businesses it was intended to help. Some of them were publicly shamed into giving the money back; most were unapologetic. Mnuchin tried to hide who was getting the funds because he knew what was going on.
Right-wingers don't seem to have a problem with a government handout when it's offered to them. |