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re: Even the $2 Trillion Rescue Isn’t Great for the Arts
Posted by: sirpupnyc 07:44 pm EDT 03/27/20
In reply to: Even the $2 Trillion Rescue Isn’t Great for the Arts - Ann 06:56 pm EDT 03/27/20

" 'Both nonprofits and for-profits that have fewer than 500 employees can get loans, and if those monies are used for payroll, then up to $100,000 will be forgiven outright. For the small places trying to keep from furloughing employees, that’s wonderful news, though it’s a puzzle how it will apply to the big ones. If a 500-employee office spent it on payroll, for instance, wouldn’t that mean giving each worker just $200?' "

Um, no. Math is hard...

(Well, I guess it's not so much the mathing...100000/500 is indeed 200.)
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