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Coronavirus PPP loans saved millions of jobs, new MIT study finds

 
Jake
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07/27/2020 09:33 AM
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Coronavirus PPP loans saved millions of jobs, new MIT study finds
The Paycheck Protection Program boosted aggregate U.S. employment by an estimated 1.4 million to 3.2 million jobs through early June, according to analysis from MIT researchers and the Federal Reserve.

"The evidence to date suggests the PPP was certainly not perfectly targeted in terms of reaching only firms or regions in the most need; even so, it was delivered to a substantial number of small and mid-size firms, many of which were likely facing acute liquidity needs," the researchers wrote in a paper published on Tuesday.

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Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
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07/27/2020 09:34 AM
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Re: Coronavirus PPP loans saved millions of jobs, new MIT study finds
The Paycheck Protection Program boosted aggregate U.S. employment by an estimated 1.4 million to 3.2 million jobs through early June, according to analysis from MIT researchers and the Federal Reserve.

"The evidence to date suggests the PPP was certainly not perfectly targeted in terms of reaching only firms or regions in the most need; even so, it was delivered to a substantial number of small and mid-size firms, many of which were likely facing acute liquidity needs," the researchers wrote in a paper published on Tuesday.

[link to www.foxbusiness.com (secure)]
 Quoting: Jake


how much did it add to inflation in 5 years?
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07/27/2020 09:37 AM
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Re: Coronavirus PPP loans saved millions of jobs, new MIT study finds
The Paycheck Protection Program boosted aggregate U.S. employment by an estimated 1.4 million to 3.2 million jobs through early June, according to analysis from MIT researchers and the Federal Reserve.

"The evidence to date suggests the PPP was certainly not perfectly targeted in terms of reaching only firms or regions in the most need; even so, it was delivered to a substantial number of small and mid-size firms, many of which were likely facing acute liquidity needs," the researchers wrote in a paper published on Tuesday.

[link to www.foxbusiness.com (secure)]
 Quoting: Jake


5 stars sir!
Jake  (OP)

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07/27/2020 09:37 AM
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Re: Coronavirus PPP loans saved millions of jobs, new MIT study finds
The Paycheck Protection Program boosted aggregate U.S. employment by an estimated 1.4 million to 3.2 million jobs through early June, according to analysis from MIT researchers and the Federal Reserve.

"The evidence to date suggests the PPP was certainly not perfectly targeted in terms of reaching only firms or regions in the most need; even so, it was delivered to a substantial number of small and mid-size firms, many of which were likely facing acute liquidity needs," the researchers wrote in a paper published on Tuesday.

[link to www.foxbusiness.com (secure)]
 Quoting: Jake


how much did it add to inflation in 5 years?
 Quoting: dmk


Well the largest number of Americans starting up stock trading accounts broke all US records for the year in just one month.

that means inflation may not be that bad.
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
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07/27/2020 09:38 AM
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Re: Coronavirus PPP loans saved millions of jobs, new MIT study finds
ive never met a business that didnt have acute liquidity issues.
even tesla has that issue and its stock keeps climbing.
nature abhores a vaccuum and business will form if needed by an economy.capitalism should live and die on its own merits as long as nat sec is not involved.if every business is nat sec then i got a business plan!





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