Now, I want to be clear: The payroll protection loans were necessary to keep businesses afloat. It's what they were designed to do, and we shouldn't have a problem with that. As we saw after the 2008 crash, though, the "sink or swim" pure-capitalism crowd prefers a distinctly socialistic set of rules for themselves. Being pro-capitalism is really more of a mild suggestion than an actual principle!
Grover Norquist's organization, Americans for Tax Reform which has a long record of railing against federal government aid, received between $150K and $300K in
COVID small business aid from the Paycheck Protection Program... pic.twitter.com/mqgBZwDwfT— Will Ragland (@citizenwillis) July 6, 2020
After Grover Norquist's Americans for Tax Reform received up to $350,000 in small business aid, he signed a letter that stated:
"Government spending... is inhibiting the fast recovery we want in jobs and incomes, not stimulating it."https://t.co/w6LjO37XVV— Kayla Tausche (@kaylatausche) July 6, 2020
And then we have the Trump-crony crowd, including many companies owned by billionaires:
$5-$10 million PPP loan recipients in Treasury data include AccuWeather—whose CEO, Joel Myers, was Trump's NOAA pick but withdrew for health reasons after concerns him overseeing NOAA's free National Weather Service might benefit his family's private weather forecasting business pic.twitter.com/quWc6GMyBr
— Anna Massoglia (@annalecta) July 6, 2020
Fox News host Tucker Carlson’s The Daily Caller reportedly also received as much as $1 million and Newsmax, the conservative TV network owned by Trump ally Christopher Ruddy, received a loan worth $2 million to $5 million.https://t.co/EalhyEZ7Nw
— The Intellectualist (@highbrow_nobrow) July 6, 2020
McConnell's Wife's Family Business Appears on Trump Admin's List of Companies That Received Most PPP Money
“... Department of Transportation Secretary Elaine Chao's family received at least $350,000 in loans...” https://t.co/2zw41SYhWl— Dallas Gal 🇺🇸🇵🇷🤘🏻🖖 (@DFW_Dee) July 6, 2020
