return2ozma@lemmy.worldBanned from community to News@lemmy.world · 2 年前A staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.comexternal-linkmessage-square153linkfedilinkarrow-up1964arrow-down113
arrow-up1951arrow-down1external-linkA staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.comreturn2ozma@lemmy.worldBanned from community to News@lemmy.world · 2 年前message-square153linkfedilink
minus-squareMonkderZweite@feddit.chlinkfedilinkarrow-up28·edit-22 年前People who had the assets got that money. https://www.weforum.org/agenda/2022/04/economic-inequality-wealth-gap-pandemic/
minus-squareTangledHyphae@lemmy.worldlinkfedilinkarrow-up10·2 年前I didn’t find “PPP” in that article, but I’m guessing those loans helped fuel that fire?
minus-squaredangblingus@lemmy.dbzer0.comlinkfedilinkarrow-up13·2 年前Undoubtedly. Many PPP loans were taken fraudulently as well (how many “businesses” do MTG and Matt Gaetz operate exactly?) so that had to have negative repercussions.
People who had the assets got that money.
https://www.weforum.org/agenda/2022/04/economic-inequality-wealth-gap-pandemic/
I didn’t find “PPP” in that article, but I’m guessing those loans helped fuel that fire?
Undoubtedly. Many PPP loans were taken fraudulently as well (how many “businesses” do MTG and Matt Gaetz operate exactly?) so that had to have negative repercussions.