Billions Stolen from PaycheckProtectionProgram

… but since 75% of the money was stolen by job creators rather than the worker’s themselves, it was a rousing success.

Billions were stolen from the Paycheck Protection Program. It was a huge success anyway.…

Less than 35% of the $800 billion in PPP loans actually went to workers, say economists…

If there were any single mothers on food stamps involved, we need to be rounding them up.



There is a major rhubarb in Michigan about the number of fraudulent unemployment claims too. Not surprising, considering the huge increase in the number of people applying for benefits, and a department that could not be scaled up rapidly, due to the plague and budget constraints. The “news” had people on every day, crying a river they had not gotten money, so, of course, incentives were skewed to pay the money out quickly.