readuncutWhen the pandemic hit, North Dakota came first of all 50 states in PPP dollars per worker: 1,444 loans per 100k people vs Arizona's 265, same week, same federal cash. The difference between a state that owned a bank built to answer the phone and one that didn't.
https://readuncut.com/americas-reddest-state-runs-a-socialist-bank/
#PPP #SmallBusiness #Pandemic #BankingPolicy #PublicBanking #CommunityBanks #CrisisResponse
America's reddest state runs a socialist bank
North Dakota votes Republican by margins that make the word landslide sound timid, treats "government overreach" roughly the way other states treat arson, and has owned and operated its own bank since 1919, 3 facts that are supposed to cancel each other out and stubbornly refuse to, because the Bank