A staggering 80% of American households are financially worse off than they were before COVID-19
A staggering 80% of American households are financially worse off than they were before COVID-19
finance.yahoo.com A staggering 80% of American households are worse off than they were before COVID-19 — how to shore up your finances now before a strong current carries them away
Only the richest 20% have held onto their COVID savings.
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People who had the assets got that money.
https://www.weforum.org/agenda/2022/04/economic-inequality-wealth-gap-pandemic/
I didn't find "PPP" in that article, but I'm guessing those loans helped fuel that fire?
Undoubtedly. Many PPP loans were taken fraudulently as well (how many "businesses" do MTG and Matt Gaetz operate exactly?) so that had to have negative repercussions.
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