SBA should have just distributed the money directly without overhead.
A year later, we can hire lots of investigators to verify the loans and pursue any fraud.
A year later, we can hire lots of investigators to verify the loans and pursue any fraud.
It’s unfortunate we live in such a weird carceral state yet white collar crimes that would probably be the type most deterred by the threat of prison are so rarely prosecuted.
The bank will process applications very very slowly in that case.
Mark Cuban actually had an equally interesting idea as yours - just let every business overdraw their account by some amount.
I like your idea better, but either way, there is zero possibility that congress could do it in a simple way - they just don’t have the DNA for simple.