Taxpayer-Funded Loans Mismanaged, Abused Leaving Needy Americans, Empty-Handed—‘These are communities that can’t afford to lose businesses’

The implications for our economy are great. US Ambassadors, Senators, and politically connected people got loans while the businesses the program should have helped were left to fail. From a senator who got a PPP loan, Americans must hear that we don’t need any more relief funding. That so many businesses were left to fail has bigger implications. We knew that small businesses going under contributed to worsening the 2008 recession. That’s what we needed to prevent. We didn’t, and poor policy made that possible.