Become a Patron! Like anyone with a pulse, I've been following with interest the nationwide panic over so-called "labor shortages," supposedly popping up everywhere from grocery stores to restaurants to the long-haul trucking industry. Needless to say, what I've seen so far hasn't particularly impressed me. It's become a cliche on the left to sniff in response, "try paying … [Read more...] about Labor scarcity and the Scandinavian model
self-employment
Understanding the latest two rounds of EIDL Advances
Become a Patron! Last May I shared my successful Economic Injury Disaster Loan experience, which included a $1,000 "EIDL Advance" that doesn't have to be repaid and a $3,000 30-year low-interest loan. It took about a month and a half for the money to show up in my checking account, but other than that the process was fairly seamless, and the Small Business Administration … [Read more...] about Understanding the latest two rounds of EIDL Advances
MEUC: the unemployment insurance top-up no one is talking about
Become a Patron! Since the original CARES act in March, I've been trying to provide practical, real-world guidance on the nuances of federal and state aid to unemployed and self-employed workers. For reference: In May I shared my successful EIDL loan application; In July I asked whether the PPP program was designed to fail; In August I broke down what programs … [Read more...] about MEUC: the unemployment insurance top-up no one is talking about
Thoughts on receiving both EIDL and PPP loans
Become a Patron! Last week I wrote about my successful Economic Injury Disaster Loan experience, and mentioned in passing "the programs [EIDL and PPP] are very different, and while not technically mutually exclusive (you can take out loans from both programs, under certain conditions), most businesses will only take advantage of only one or the other." Overall I thought … [Read more...] about Thoughts on receiving both EIDL and PPP loans
My successful Economic Injury Disaster Loan story
Become a Patron! I've been looking forward to this post for over a month, so I'm glad to finally be able to write up the complete story of my Economic Injury Disaster Loan. I know a lot of people are at different stages of the process, so hopefully this will be a useful guide for what to expect, particularly if Congress ends up appropriating additional money for the program … [Read more...] about My successful Economic Injury Disaster Loan story