This is a very dangerous disaster, Congress needs to make it a priority, this is about the workers as well as the owners, this can spell long-lived Depression instead of Recession, and big time:
The small-business loan program designed to support businesses hit by the pandemic has run out of money. WSJ’s Gerald F. Seib explains the forces keeping Congress from fixing that problem now.
Short video splainer from WSJ, no spin, no paywall. Seib is Executive Editor of Washington Bureau
Spoiler: He thinks something will probably be hashed out by first week of May...
Comments
This is a very dangerous disaster, Congress needs to make it a priority, this is about the workers as well as the owners, this can spell long-lived Depression instead of Recession, and big time:
by artappraiser on Sat, 04/18/2020 - 3:19pm
Why Congress Can’t Move Quickly to Approve More Small-Business Loans
The small-business loan program designed to support businesses hit by the pandemic has run out of money. WSJ’s Gerald F. Seib explains the forces keeping Congress from fixing that problem now.
Short video splainer from WSJ, no spin, no paywall. Seib is Executive Editor of Washington Bureau
Spoiler: He thinks something will probably be hashed out by first week of May...
by artappraiser on Sat, 04/18/2020 - 4:53pm