Why will anyone with low income jobs ever go back to work when they’ll get $600 a wk from Biden

Discussion in 'Economics' started by SammyJ, Jan 14, 2021.

  1. SunTrader

    SunTrader

    Obviously the powers that be are looking at economic numbers (retails sales etc) besides who and how many are out of work. Back last spring everything was ready to fall off a cliff - a big cliff much bigger than the drop we actually had, because they printed lots of money and got it out into people's hands.

    I wasn't for it then and feel the same this time ... except for the fact people and the economy suffered less then and now as well. Someday we will all pay for it. But it easy to point fingers at others if you are willing to live (now) with a financial collapse. Still doubt there are many jobs at any income level unfilled very long.
     
    #51     Jan 19, 2021
  2. newwurldmn

    newwurldmn

    the ppp loans are public. You can see every company and how much they got. You can cross reference that with their address which is also on the spreadsheet.
     
    #52     Jan 19, 2021
  3. SunTrader

    SunTrader

    FYP
     
    #53     Jan 19, 2021
  4. newwurldmn

    newwurldmn

    they’ve been public for like 6 Months.
     
    #54     Jan 19, 2021
  5. SunTrader

    SunTrader

    Published — November 5, 2020

    JUDGE ORDERS RELEASE OF PPP LOAN INFO AFTER PUBLIC INTEGRITY LAWSUIT

    A federal judge on Thursday ordered the Small Business Administration to release detailed information about roughly $600 billion in loans to small businesses affected by the COVID-19 pandemic, including the names of the recipients and the loan amounts. The ruling came in a lawsuit filed by the Center for Public Integrity in June.

    The information is from the Paycheck Protection Program (PPP) and includes names of businesses, their addresses, and the amount of money the SBA loaned to them, among other data. The SBA had released that information for businesses receiving loans of more than $150,000 but had retained it for businesses receiving money for less than that amount. The majority of the loans the SBA underwrote were for less than $150,000. Congress authorized the SBA to loan as much as $700 billion.

    https://publicintegrity.org/inside-...of-public-integrity-in-lawsuit-over-ppp-data/
     
    #55     Jan 19, 2021
  6. newwurldmn

    newwurldmn

    I can't find the spreadsheet I downloaded, but I'm pretty sure I saw all the loans in the summer.

    EDIT: It was in the summer:
    https://www.natlawreview.com/articl...e-ppp-loan-information-about-to-become-public

    Who cares about the 150k guys. The majority of the dollars went to guys over $2MM.
     
    #56     Jan 19, 2021
  7. SunTrader

    SunTrader

    Obviously you don't. And by the lawsuit obviously many others do. I'm with the many others. Full disclosure.
     
    #57     Jan 19, 2021
  8. newwurldmn

    newwurldmn

    Back to the point, anyone in Kushner's building is likely to be getting over 150k and that has been public knowledge since July.
     
    #58     Jan 19, 2021
  9. SunTrader

    SunTrader

    And you know this how?

    Did you read what I posted previously (?) 15 out 25 businesses in Trump/Kushner properties filed in the loan docs that they had 1 employee or 0 or none reported. Does that sound like befitting a over $150,000 loan request. Well actually considering the property owners I guess it does.
     
    #59     Jan 19, 2021
  10. Sig

    Sig

    Seriously give it up. There's no there there with this and Kushner. Maybe focus on how much got spent housing protection details and government staff in Trump properties over the past 4 years. Or just the blatant nepotism of appointing your daughter and son in law to positions they were far from qualified for. Or ordering security personnel to give Kushner a security clearance he wasn't qualified for. Or any of literally hundreds if not thousands of legitimately unethical if not flat out immoral and illegal things the administration has done. There's no need for conspiracy theories on Trump malfeasance when the actual malfeasance is so front and center! You only stoop to their level. Don't ever wrestle with a pig. You'll both get dirty but the pig will enjoy it.
     
    #60     Jan 19, 2021
    ElCubano and comagnum like this.