@return2ozma to News • 1 year agoA staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.commessage-square193arrow-up11.04Karrow-down114
arrow-up11.02Karrow-down1external-linkA staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.com@return2ozma to News • 1 year agomessage-square193
minus-square@[email protected]linkfedilink28•edit-21 year agoPeople who had the assets got that money. https://www.weforum.org/agenda/2022/04/economic-inequality-wealth-gap-pandemic/
minus-square@TangledHyphaelink11•1 year agoI didn’t find “PPP” in that article, but I’m guessing those loans helped fuel that fire?
minus-square@[email protected]linkfedilink13•1 year agoUndoubtedly. 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.