Absolutely trash journalism. We knew there would be lots of fraud in the PPP, but did it anyway because otherwise millions of small businesses would have gone under and the unemployment rate would have hit 15-20%. Just utter garbage from NBC. https://t.co/OjT6HdQ6fH

— Matt Stoller (@matthewstoller) April 18, 2022

PPP made a lot of pseudo-capitalists angry because it protected businesses they were hoping to use pandemic restrictions and disruptions to destroy. That’s why you’re seeing journalism like this now. Those folks want to make sure something like PPP never happens again.