Trump administration says pandemic aid saved 51 million jobs. Did it?

Posted on AllSides July 8th, 2020
From The Center

U.S. President Donald Trump’s administration touted its $660 billion small business pandemic aid program this week as a “wild success,” unveiling data that showed the initiative saved 51 million jobs.

But there were red flags throughout the colossal data set that suggested some borrowers overstated how many jobs their loan salvaged. That, combined with several of the named companies disputing that they took a loan after the government showed otherwise, cast doubt on the accuracy of the 51 million figure.

For example, a Reuters analysis of the data found that...

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https://www.reuters.com/article/us-health-coronavirus-ppp-jobs/trump-administration-says-pandemic-aid-saved-51-million-jobs-did-it-idUSKBN24901U

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