tigerred59
Gold Member
- Mar 17, 2015
- 21,276
- 2,880
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- Banned
- #1
A reporter was interviewing a business owner out of NY with how he's dealing with the virus and how he's handling the windfall of free money for his business with the Trump stimulus...he owned 3 restaurants. The guy said something very interesting...he said...I am NOT paying my employee's anything until after this thing is over and we start seeing customers again. If I were to pay them now, for the next 15 weeks, I'd run out of money and have nothing to pay them should and when my business opens up again and he made sense.
The question now becomes... why are we giving this guy money to earn interest in a bank for himself or perhaps pay his bills, his whatever, when his employees, who this money was meant for are relying on a one time stimulus of 1200 and unemployment checks? Why are we the tax payers as always rewarding Wall Street with mega free money and not the little guy?
Another thing noted, this guy, is very cautious and realistic in a sense, bc unless he regain a customer base, that payroll bailout money is useless and he's right.
But here's the reality......we are being premature dolling out tax free payroll retention dollars to any business at this point because the bread and butter of any industry will always hinge on customer participation...without us, you have nothing and that nothing will only dissipate and disappear when "fear" is no longer a presence in this country. And the only way to calm those fears is with mandatory testing and a continuation of spacing ourselves until a vaccine is made available. and of course the maniac in Washington gone. Nobody is out spending that stimulus money....we are either saving it or paying effin bills with it....all of Washington need to get out more and see the real america out here.
The question now becomes... why are we giving this guy money to earn interest in a bank for himself or perhaps pay his bills, his whatever, when his employees, who this money was meant for are relying on a one time stimulus of 1200 and unemployment checks? Why are we the tax payers as always rewarding Wall Street with mega free money and not the little guy?
Another thing noted, this guy, is very cautious and realistic in a sense, bc unless he regain a customer base, that payroll bailout money is useless and he's right.
But here's the reality......we are being premature dolling out tax free payroll retention dollars to any business at this point because the bread and butter of any industry will always hinge on customer participation...without us, you have nothing and that nothing will only dissipate and disappear when "fear" is no longer a presence in this country. And the only way to calm those fears is with mandatory testing and a continuation of spacing ourselves until a vaccine is made available. and of course the maniac in Washington gone. Nobody is out spending that stimulus money....we are either saving it or paying effin bills with it....all of Washington need to get out more and see the real america out here.
