Wednesday, April 22, 2020

Here's a positive view of the Paycheck Protection Program

A Congress Without Lobbyists and the Coming End of Federal Reserve Independence

https://mattstoller.substack.com/

 

The authors opines that fraud and abuse in the $349 billion Paycheck Protection Programhas been minimal, the bulk of the loans went thru community banks to real businesses, and thence to employees. He credits Marco Rubio, Ben Cardin, Jean Shaheen, and Susan Collins.

 

Charlie Cooper

 

 

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