But that the cost of not implementing the program is far worse.
Which in the case of PPP would've meant a lot of businesses failing and workers without a job.
But that the cost of not implementing the program is far worse.
Which in the case of PPP would've meant a lot of businesses failing and workers without a job.
But why? Are they doing so so they want to oppress poor people? Or are they doing so to make the welfare experience shitty so people are incentivized to seek normal employment?
1: https://www.theatlantic.com/ideas/archive/2018/10/the-cruelt...
Yes, and to foment general distaste and dislike towards the welfare system, with the ultimate goal of ending the program. Related to "starve the beast" policy: https://en.wikipedia.org/wiki/Starve_the_beast
Food programs are pretty widely supported. People don't want poor people not being able to eat, they want poor people not being able to drink alcohol/do drugs/play videogames/watch movies/..., the things they see as a fun indulgence.
propping up failed businesses is preventing the capitalism/the market from working. Why save for a rainy day or ensure your business can weather a storm when you can just do stock buybacks abs shovel money to the shareholders and the Goverment will prop you up?
It’s better to just ensure people’s needs are taken care of then this weird “trickle down middleman” plan that literally never works.
The fact that people got laid off regardless shouldn't be an indictment of the program. We should instead compare to the counterfactual where the PPP program hasn't bee implemented.