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by GeorgeWBasic 2286 days ago
This has already been explained to you, over and over again. The alternative is not to close down the business. It's to make it so the business owner doesn't have to pay anything during the crisis, except supplies for himself, so that the business doesn't close permanently. The loan is a really, really stupid idea, because it burdens the business more during the recovery, which guaranteed will be less profitable than before this, so it just delays the bankruptcies. You might as well have them not pay it back at all, but then why single out just business owners for free money? Why not everyone else too? And worse, everyone else runs out of money too because debts weren't paused, because enough people are stupid enough to think that loans are the way out of this instead of realizing that the economy doesn't work when nobody's buying anything but food and toilet paper, and pause it to prevent it from destroying itself. If this doesn't get done by the end of the month we're looking at another Great Depression.