General Discussion
In reply to the discussion: Ladies and gentlemen, what you are seeing in the Senate right now is McConnell [View all]getagrip_already
(17,802 posts)This is a transfer of wealth from the public to individuals masquerading as a way to keep businesses afloat.
So lets say I'm a "small" business owner, and I make a claim for benefits citing $1M in losses (when in reality they are closer to $100k). The gov't loans me $1.5M to keep open and pay my employees.
Ok, I put my employees on 20 hours a week and "invest" the rest of the money three shell companies away. Then when the gov't stops giving me more and asks me to repay, I suddenly declare bankruptcy and am up millions of dollars.
Now, multiply that by thousands for larger companies and the trump org.
This money will disappear faster than a republican during a prostitution sting. It ill never be paid back. Individuals will be wealthy beyond belief and the economy will go through hyper inflation that would make Venezuela blush.