The uncertain intent of coronavirus relief. Did it target the wrong objective? Photo by David Schultz on Unsplash Update: After being told that working with independent contractors does not qualify for the Small Business relief loans, I did my own research and found different information on National Law Review- but I don't have time to rewrite this blog post now: To determine a small business’s eligibility, the CARES Act would require lenders to determine: (1) whether a business was operational on February 15, 2020, and (2) whether the business had employees for whom it paid salaries and payroll taxes, or paid independent contractors, and (3) whether the business has been substantially impacted by COVID-19. The legislation would also delegate more authority to lenders on eligibility determinations without requiring them to go through all of the usual SBA channels. National Law Review In my last post, Economic Complexity Theory in the Time of Coronavirus , I observed
Examining the Fundamental transformation of the American political system that originated in the political philosophy preserved by Publius in The Federalist Papers. This blog was originally published as Main Street Economy and focused on legislation passed in the state of Maine "inspired" by similar laws passed by other states which collectively constitutes a fundamental transformation of the American political philosophy within state incubators.