Nearly 20,000 Arizona businesses received federal PPP loans

Professor of Economics Dennis Hoffman looks at the Paycheck Protection Program as the way the government chose to get as much money out as possible as quickly as possible.

Professor of Economics Dennis Hoffman looks at the Paycheck Protection Program as the way the government chose to get as much money out as possible as quickly as possible.

In this story published Aug. 13, 2020, on Arizona Public Media:

There were very few rules and [regulations] about who could apply other than the size of business. The big boys were supposed to figure this out in a different way.

– Professor of Economics Dennis Hoffman, who's the director of the L. Seidman Research Institute