"Bailouts By The Numbers"
(July 2020 edition of In These Times):
$500 Billion from the initial coronavirus relief bill, aka the CARES Act, was dedicated to large corporations.
$300 Billion was allocated to the $1,200 stimulus checks.
$4 Trillion (or more) is actually available to big business, as the Federal Reserve can lend $10 for every $1 is receives from the Treasury.
70% of the $350 billion earmarked for small businesses went to large corporations.
$10 Billion in fees went to banks for processing the loans.
10% of workers at any business that takes CARES Act loans can still be laid off.
15 members of Congress (or their spouses) own Boeing stock.
82% of CARES Act tax reform benefits those making more than $1 million, saving millionaires $70 billion in 2020.
Here's my suggestion for a name for the Donald J. Trump program:
It is important to recognize that The New Deal was not anywhere near what we should accept as "perfect." Systemic racism did exist within the program.
(2) - https://successstory.com/spendit/donald-trump-expensive-cars