NPR’s Sacha Pfeiffer talks with MIT economics professor David Autor about how outdated U.S. government technology contributed to fraud in pandemic aid, like the Paycheck Protection Program.
SACHA PFEIFFER, HOST:
Remember the Paycheck Protection Program? It gave potentially forgivable loans to small businesses to keep workers employed during the COVID shutdowns. It was easy to get the loans and easy to get them forgiven. But a lot of that money was lost to fraud or went to companies that thrived during the pandemic. That’s partly because the government prioritized speed over accuracy and put in place very few safeguards. Here’s MIT economist
→ Continue reading at NPR - Technology