More than $200 billion may have been stolen from two large COVID-19 relief initiatives. That’s according to new estimates from a federal watchdog investigating federally funded programs designed to help small businesses survive the worst public health crisis in more than a hundred years.
This was by the criminal Trump administration’s design.
No it was not - it was done too fast with too little oversight and lots of trust in the good nature of the people.
Source: https://www.nytimes.com/2022/09/27/podcasts/the-daily/pandemic-fraud.html
Trump removes inspector general overseeing $2 trillion coronavirus relief package days after he was appointed: https://www.cnbc.com/2020/04/07/coronavirus-relief-trump-removes-inspector-general-overseeing-2-trillion-package.html
Inspectors general warn that Trump administration is blocking scrutiny of coronavirus rescue programs: https://www.washingtonpost.com/business/2020/06/15/inspector-general-oversight-mnuchin-cares-act/
That and that fact that they wrote the bill in such a way that McDonalds was considered a small buisness means actual small businesses got very little
To be fair, McDucks is mostly franchises with fewer than 20 employees. Corporate is mostly just the supply infrastructure and licensing.