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Government stimulus money was supposed to keep companies in business and save jobs. Now, nearly 300 firms that got up to $500 billion in cash have gone bust. https://t.co/o22UhqAjiH via @WSJ
— Catherine Lucey (@catherine_lucey) November 17, 2020
Lockdowns cannot be fully compensated through faux stimulus https://t.co/YGJn2hpQX3
— Ben Shapiro (@benshapiro) November 17, 2020
(WSJ) - About 300 companies that received as much as half a billion dollars in pandemic-related government loans have filed for bankruptcy, according to a Wall Street Journal analysis of government data and court filings
— Carl Quintanilla (@carlquintanilla) November 17, 2020
@shaneshifflett) @WSJ https://t.co/stpGfWry1a
“About 300 companies that received as much as half a billion dollars in pandemic-related government loans have filed for bankruptcy...” https://t.co/q22ZVs9JW1
— blmohr (@blmohr) November 17, 2020
'About 300 companies that received as much as half a billion dollars in pandemic-related government loans have filed for bankruptcy, according to a @WSJ analysis. The total number of companies that failed despite getting PPP loans is likely far higher.' https://t.co/FKyFBmDaRy
— Jesse Felder (@jessefelder) November 17, 2020
We'll see many more such stories. The small businesses that got PPP loans in May just recently reached the end of their 24-week forgiveness period. No more help is coming and the virus is closing things down again. Owners have few options. https://t.co/yppJSvLVND
— Patrick W. Watson (@PatrickW) November 17, 2020
Government stimulus money was supposed to keep companies in business and save jobs. Now, nearly 300 firms that got up to $500 billion in cash have gone bust. https://t.co/2dYSbOIVgp via @WSJ
— Ancestor Approved (@PernellThomas) November 17, 2020
@profgalloway HOT TAKE: We should have given more money to our people to stimulate the economy rather than businesses. “All we did was flatten the curve for rich people and kick the can farther down the road.” https://t.co/ut2Nl81XY1
— julie ☯️ (@JVezzani) November 17, 2020
Many of the companies, which employ a total of about 23,400 workers, say the funds from the Paycheck Protection Program weren’t enough to keep them going. Do read @shaneshifflett's analysis of gov PPP datahttps://t.co/a7JlZMQco2
— Bourree Lam (@bourreelam) November 17, 2020
Nearly 300 US businesses that got COVID-19 aid through PPP have reportedly closed https://t.co/jMxPs5EJD5 pic.twitter.com/tsJOoxCgr9
— New York Post (@nypost) November 17, 2020
It’s ugly out there...
— ?Scott Hartwick? (@Scartman17) November 17, 2020
300 companies that received PPP funds have filed for bankruptcy: report https://t.co/Ys7lQnJ7SC
While @senatemajldr is lying about the 2nd round of PPP included in the #HeroesAct, hundreds of businesses are failing. That means more families struggling this holiday season. We can't wait. We need COVID relief - including more UI & PPP - immediately. https://t.co/6msuhhOjhf
— Judy Chu (@RepJudyChu) November 17, 2020
~ 300 companies that employed a total of 23,400 workers & received as much as half a billion dollars in PPP loans have filed for bankruptcy.
— Maggie Jordan (@MaggieJordanACN) November 17, 2020
Companies say PPP wasn’t enough as coronavirus & lack of additional stimulus payments weighed on their businesses
https://t.co/kgdHJP2Iui
“We all blame President Trump for his dereliction of duty; we would have been able to stay in business if he had done his job. I hope that Congress and [President-elect Joe] Biden will work together in a sane manner to help Americans in these situations.” https://t.co/RE5mvr4BcV
— Linda Hill (@bulldoghill) November 17, 2020
The government-provided financial bridge wasn't long enough for many companies to get to the other side of this pandemic, with hundreds of businesses that received pandemic-related government loans filing for bankruptcy: report. https://t.co/lhHEEYxxaV
— Lisa Abramowicz (@lisaabramowicz1) November 17, 2020
?? Hundreds of Companies That Got Stimulus Aid Have Failed
— PiQ (@PriapusIQ) November 17, 2020
? Government stimulus money was supposed to keep companies in business and save jobs. Now, nearly 300 firms that got up to $500 billion in cash have gone bust. https://t.co/hkcEHoQWq4 pic.twitter.com/8e26mfdrTV
That a tiny fraction of the companies that received PPP money have filed for bankruptcy is in no way an indictment of the program.
— Kate Judge (@ProfKateJudge) November 17, 2020
If anything, I'm surprised WSJ didn't find far more bankruptcy filings given the two subsequent waves.
https://t.co/wf2mhNrKMr via @WSJ
No problem for Great Reset advocates. Just keep lockdowns going and keep writing checks. Everyone will soon have govt income
— Marc Morano (@ClimateDepot) November 17, 2020
Hundreds of Companies That Got Stimulus Aid Have Failed -Recipients of PPP loans have filed for bankruptcy after the money ran out https://t.co/nBNZ8nRWSa
Didn't see that one coming ?
— Figuring Out Money (@mikepsilva) November 17, 2020
https://t.co/9hxjKq4jwV
300 companies that received PPP funds have filed for bankruptcy: report https://t.co/78SH7Tj9Dg
— Christine (@ChristineEliaz) November 17, 2020
If the “solution” was as simple as printing money we don’t have and handing it out to businesses, no one would ever have to go out of business.
— President-elect Cliff Maloney (@LibertyCliff) November 17, 2020
Enough of this insanity. Let America & business owners GET BACK TO WORK.https://t.co/iWsi7zzFhw