Economics & Finance / Macroeconomics / Fiscal Policy & Government Spending

Did the Paycheck Protection Program Actually Work?

The Paycheck Protection Program (PPP) was a massive, trillion-dollar lifeline for American businesses during the COVID-19 pandemic. But did it actually achieve its main goal of saving jobs? This video breaks down the key findings from economic research on the PPP. We'll explore who the money really went to, how effective it was at preventing layoffs compared to its enormous cost, and what the long-term implications are for future crisis spending. Get the clear, data-driven answers about one of the largest economic interventions in U.S. history.