Originally Posted by crystalworks

If the majority of Americans have money in their pockets, usually more than they would have before the pandemic, the economy would not crumble. Spending would go up. Renters would not be hurt because tenants could pay. There are so many positives. You're not thinking this through.

Businesses open and close everyday. Under all circumstances. BTW, if I was a business owner (retail, restaurant, etc) in an industry that was affected by the lockdowns. I would have closed immediately, moved all inventory to storage, broke my lease, filed business closure with the city. I wouldn't have borrowed a dime from the PPP or anyone and would live off of my savings (and/or get another job). Reopen (if it made sense financially) after the pandemic was under control.



I disagree. And I'm a conservative when it comes to spending.

Wait until the rent moratorium ends, then we'll see how much the PPP has contributed to the homeless population and the costs to cities to deal with it.