This, the only way to prevent stuff like this from happening is to actually decouple the system from business interests. These kind of incidents repeat themselves over and over because it is based on a flawed logic where if you help businesses it will have a trickle down effect that ends up helping productive people. Same thing that happened when GM got a whole bunch of money and then they were using their private jets and collecting the nice CEO bonuses.
Governments by their very nature, and democratic ones especially, are supposed to be about charging taxes and redistributing that wealth for the better good. There is this big concept about having a powerful middle class which in turns make the extremely poor or the extremely rich a problem for the system to deal with.
The SBA could have helped all of those businesses directly through a coordinated effort with the IRS. Through the IRS they will know who is effectively a small business doing real work recently. How hard is it to just phone or email people asking for their bank account and fund the small business directly? If 6% of funding was all that was available at least a public raffle would have been a fairer system.
But even this stuff doesn't solve the question of what do you do with people that are out of a job, have a disability, mental issues or in general people that are unable to work like the elderly. Do you just let them die out of starvation out in the streets?
Governments by their very nature, and democratic ones especially, are supposed to be about charging taxes and redistributing that wealth for the better good. There is this big concept about having a powerful middle class which in turns make the extremely poor or the extremely rich a problem for the system to deal with.
The SBA could have helped all of those businesses directly through a coordinated effort with the IRS. Through the IRS they will know who is effectively a small business doing real work recently. How hard is it to just phone or email people asking for their bank account and fund the small business directly? If 6% of funding was all that was available at least a public raffle would have been a fairer system.
But even this stuff doesn't solve the question of what do you do with people that are out of a job, have a disability, mental issues or in general people that are unable to work like the elderly. Do you just let them die out of starvation out in the streets?