Who could have ever foreseen this?!
Democrats on the subcommittee argued that the program, which had passed with bipartisan support, needed more oversight, but credited it with helping “millions of small businesses and non-profit organizations stay afloat during the coronavirus crisis.” Then-Treasury Secretary Steve Mnuchin repeatedly defended the program to the media and Congress. The GOP report title introduces the PPP as a “Resounding Success.”
A more accurate description would have been “Expensive Failure.”
It’s not just “PPP.” Call me a crazy conspiracy theorist, but it’s almost like the whole pandemic thing was just a big old hoax. If only someone had seen something and said something. Better luck next time, right?