Let me explain why, and why I'm now several times more fucking annoyed by this. I don't care if it was some honeypot or trap or whatever the fuck. It disgusts me.
Which is why the Kennedy Center bailout pisses me off so much. The rules are different to them. They got $25 million directly, and laid everyone off anyways.
Not that those loans mean much, because $50k for a company with several dozen employees could last a week. Tops.
The tax credit for keeping people employed? Caps out at $10k. NOT $10k per employee. Just straight up $10k.
They're thinking, ok, we have an unemployment crisis, so let's dump a bunch of money to keep people employed.
But it's not an unemployment crisis. At least, not truly
A strip mall full of nonessential shops has to shut down. Because of that, the stores within the strip mall can't pay rent. Because they can't pay rent, the landlords can't pay independent contractors to maintain any of the mall.
Those shops probably have no more than a dozen employees, maybe 2 dozen. They can't keep paying them all because no one's buying shit.
Its money going towards NOTHING, and those shops are still going to need to pay costs of goods sold etc
Let me put it plainly:
It doesn't matter how much money you give businesses to pay their employees if those same employees aren't spending their money as they were before. Eventually the same collapse will happen.
BUT NOW GOVERNORS ARE EXTENDING SHUTDOWNS THROUGH JUNE.
In accounting, we call these fixed costs. They are costs which, even if everything else about your business shut down, you'd still have to pay.
Because you are ALL SEVERELY unqualified to do ANYTHING in regards to businesses.
Besides bailing out fucking Kennedy Center.
I want the federal government to go into a full fucking shutdown, and fire every one of these federal employees, no sick leave, no vacation time, none of the fucking 'outs' they normally fucking get. I want it all gone.
/endrant