Reply to So how far is the DMV from Phase 1 opening?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Americans: how come you get free masks and we don’t?
The rest of the world: I’ll trade you for that $1200 check [/quote]

Have you seen what other countries are giving out to their citizens?  It makes that $1200 look like pennies.

From Newsweek:

UK: 80% of workers' salaries

Denmark: 75% of workers' salaries

S Korea: 70% of workers' salaries

Netherlands: 90% of workers' salaries

Canada: $2k per month

Australia: $1k per month

US: One time $1200 check that may take months to arrive[/quote]

Exactly.  And their support is being done in a much less disruptive way that allows for companies to keep employees on the payroll instead of firing them.  And let's not even get started on our completely absurd small-business support loans, which were scooped up by greedy hedge funds.  [/quote]

You're ignoring the very generous unemployment insurance on both state and federal levels. Haven't you been paying attention to the stimulus package? When you add up all the unemployment it's very generous and for quite a few people, adds up to more than what they made. [/quote]

It would have been much less disruptive to just give direct payroll support to businesses, obviously.  And the cluster f*ck of the small-business loans is awful.  https://www.bloomberg.com/news/articles/2020-04-14/hedge-fund-managers-are-claiming-bailouts-as-small-businesses

[/quote]\

"The rules for qualifying for the loans, however, were so loose that the program was opened up to many businesses and people who weren't the intended recipients, one of the reasons the program hit its ceiling so quickly. It has become a huge benefit for private clubs, law firms, investment managers and accounting firms that have the resources to complete their applications quickly. S[b]ome wealthy individuals have set up limited liability companies, or LLCs, which technically qualify for the loans, and they put their yachts and planes and personal staffs in the companies to qualify.[/b]

But it's been much more difficult for small and struggling storefront businesses to apply and get their money, and they were the ones that were supposed to get the lifeline."

https://www.nbcnews.com/business/economy/how-stop-business-loan-program-benefiting-rich-n1185811[/quote]

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