A South Carolina tire factory owned by a global corporation received a substantial loan from the Small Business Administration for pandemic relief while many genuinely small businesses — especially those owned by people of color and women — were unable to access the program. Despite the generous loan, Giti Tire furloughed all of its workers for about one month and many workers were laid off permanently, according to a new study.
The arrival of Amazon coming to town often excites elected officials and Chambers of Commerce representatives, who gush over how it will lift up workers and boost the regional economy. But beyond the breathless press releases and equally excitable media write-ups, there’s a bigger story to tell about the full impact Amazon has on a community.
When it came to funding education, the CARES Act favored private and charter schools over public schools in a big way. An analysis by Good Jobs First previously revealed that private and charter schools received about six times more per school than public schools: $855,000 per facility on average compared to $134,500 for public schools.
Good Jobs First has been chronicling this problem at its database, Covid Stimulus Watch. Today, the national watchdog revealed a new state-by-state search feature on how much charter and private schools received.
Once you click on a state, the list can be downloaded into a spreadsheet by clicking the “csv” button. The data includes only PPP loans of $150,000 and over.
State and local governments gave Amazon.com subsidies totaling more than $3.7 billion as it grew to become one of the world's largest companies, according to an update released today by Good Jobs First, which has been tracking taxpayer assistance to the company for years.
More than 190,000 American workers have been laid off since March across 1,900 companies that received loans through the Paycheck Protection Program (PPP). The companies intended to support 251,000 workers – instead, they laid off 76 percent of them. About one in eight of those workers lost their jobs permanently.