3 in 10 Americans Withdrew Money From Retirement Savings Amid the Coronavirus Pandemic – and the Majority Spent It On Groceries | MagnifyMoney #TrumpFoodLines #TrumpedUpEconomy #WallStreetBeforeMainStreet #WallStreetBeforeWorkers https://www.magnifymoney.com/blog/news/early-withdrawal-coronavirus/

Small businesses and households are burning through what’s left of their cash but where is the small business stimulus cash going?

To TRUMP DONORS, TRUMP FRIENDS, TRUMP SUPPORTERS

#TrumpsCriminalNegligence #TrumpFoodLines #TrumpedUpEconomy #WallStreetBeforeMainStreet #WallStreetBeforeWorkers https://www.washingtonpost.com/business/2020/05/14/federal-reserve-census-data-coronavirus-survey/

- The Washington Post

- The Washington Post

Trump puts the wealthy and corporations first

Trump’s Paycheck Protection Program is ripe for fraud while he throws $500 billion to big companies without stopping them from using the money on CEO bonuses or juicing shareholder profits #TrumpFoodLines #TrumpedUpEconomy #WallStreetBeforeMainStreet #WallStreetBeforeWorkers #BigBusinessFirst #AmericansLast #ProfitsAbovePeople #WealthBeforeNeed
https://www.wsj.com/articles/sba-to-face-big-challenges-ensuring-coronavirus-loans-arent-misspent-11588094140
U.S. Audits of Small-Business Loans Face Daunting Challenges

Small businesses that borrow money through the government’s aid program could face audits before the loans are forgiven, Treasury Secretary Mnuchin said, even as others warned that federal officials face daunting challenges in ensuring the funds are properly spent.

Efforts to quickly restart economic activity risk further dividing Americans into two major groups along socioeconomic lines: one that has the power to control its exposure to the coronavirus outbreak and another that is forced to choose between potential sickness or financial devastation #IncomeInequality #ClassWarfare #WallStreetBeforeMainStreet #WallStreetBeforeWorkers #BigBusinessFirst #AmericansLast #ProfitsAbovePeople #WealthBeforeNeed
https://www.nytimes.com/2020/04/27/business/economy/coronavirus-economic-inequality.html
Job or Health? Restarting the Economy Threatens to Worsen Economic Inequality

The coronavirus recession has exacerbated the racial and income divides in America. Lifting restrictions too soon will make them worse and leave workers with a bleak choice.

The New York Times
Trump and Republicans are willingly putting people at risk to further enrich their wealthy friends #BigBusinessFirst #AmericansLast #ProfitsAbovePeople #WealthBeforeNeed #WallStreetBeforeMainStreet #WallStreetBeforeWorkers
Trump is putting the wealthy and big corporations above everyone else. His Paycheck Protection Program is a total disaster, handing out millions of taxpayer dollars to giant companies and his wealthy allies, while failing to get it to the small businesses that actually need the money to survive #clustertrumped #trumptastrophe #TrumpCatastrophe #TrumpedUpEconomy #WallStreetBeforeMainStreet #WallStreetBeforeWorkers
https://www.nbcnews.com/business/economy/firms-trump-links-or-worth-100-million-got-small-business-n1190741
Firms with Trump links or worth $100 million got small business loans

Three companies with ties to the Trump admin received millions under the PPP program. Another got a loan from a bank that once employed its board's chair.

Republicans weren’t concerned about the deficit or debt when they handed trillions of dollars in tax breaks to the wealthiest Americans and biggest corporations, and they didn’t say a word about it while they were bailing out corporations and juicing the stock market over the past month #WallStreetBeforeWorkers #WallStreetBeforeMainStreet
Trump owns this economic crisis and Trump is going to own the years of economic devastation to come #ImPOTUS #TrumpFoodLines #TrumpedUpEconomy #WallStreetBeforeWorkers #WallStreetBeforeMainStreet