The NYT had its second piece in a week on how business owners cant use the money from the paycheck protection program (PPP) to build their businesses. While it is understandable that business owners would like a handout from the government, that is not the purpose of the PPP.
The point of the PPP is to get workers their paychecks, or at least a large fraction thereof, not to support businesses. The businesses are essentially an intermediary. It should be a large help to these businesses to be...
Published on May 02, 2020 10:08