U.S. businesses haven't been taking out their PPP loans.

[dmedin]

LOL - they've been firing people instead.

USA!  USA!  USA!

The money left unborrowed and unspent under the program - a flagship of Congress’ $2.9 trillion effort to cushion the economic crush of the coronavirus pandemic - represents a lost opportunity. Businesses were supposed to use it to retain workers, but may have been laying them off instead of tapping the money.

https://uk.reuters.com/article/uk-health-coronavirus-usa-ppp/u-s-small-firms-leave-150-billion-in-coronavirus-stimulus-untapped-idUKKBN2321A3

[dmedin]

Instead of keeping people in work, the U.S. has gone down the road of fraud and lawsuits

https://uk.reuters.com/article/us-health-coronavirus-sec-whistleblowers/armed-with-whistleblower-tips-u-s-sec-cracks-down-on-coronavirus-misconduct-idUKKBN2321FI