January 28. 2021

Congress

Poor distribution of stimulus funds greatly damaged America's attempt at recovering from the coronavirus pandemic. Precious time was lost, when funds did not reach small and midsized businesses that needed the money the most.

Large corporations who had enough cash reserves to get through the pandemic, took funds in forgivable loans, which Congress had designated for small businesses. Many small businesses received very little or nothing at all.

Case in point, NBC 6 news station reporter, Sasha Jones, did a report this week revealing some small businesses received congressional PPP loans for $149. While others received congressional PPP loans for, wait for it, $1.

How was the economy to recover with such things transpiring. I know people with small businesses who did not receive PPP loans, though they were eligible. The banks informed them the money ran out. This occurred because, as stated above, large corporations took the money meant for small businesses in America.

This pandemic has been a massive cash grab for the rich. Many billionaires got even richer, while the middle class and poor became impoverished. It really is not right that this occurred, but many poor people are suffering because of it.

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