• Liz@midwest.social
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      10 months ago

      I mean, the PPP folks should also pay back their loans? Although I think when those loans were given out it was stated that they had a possibility of becoming discharged. Still, pay back your loans.

      I never understand whataboutism because usually the answer is just the same in both situations. I guess folks are just used to arguing with ideologically inconsistent people?

      • agitatedpotato@lemmy.world
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        10 months ago

        Sure, but something wild like 65% (and I think thats one of the lower figures) of all PPP money went to things other than what it was supposed to be for. They still forgave something like 75% of all of them. Imagine if half of all students used student loans to buy a Lamborghini, then they forgave more than half of all student borrowers. Wildly different rules for Americas ruling class. No big political or media push around the PPP loan forgiveness either which is strange, almost like the student loan forgiveness uproar is media fabrication to protect the SLABS that rich investors hold. Im sure few would be mad about loan forgiveness if all of the loan went to the employees paychecks during covid instead of the employers bankroll.