ML-Implode News - Restaurants' bailout problem: Unemployment pays more

The new Paycheck Protection Program waives repayment of small business loans if the borrower uses 75 percent of the money to maintain payroll, a measure intended to reduce layoffs. But with the expanded unemployment benefits included in the stimulus bill, some workers can as much as double their weekly checks if they stay unemployed.
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Restaurants represent less than 9 percent of Paycheck Protection loan recipients, but as of March accounted for the majority of layoffs nationwide as the contagion took hold.

"If the intention was to get people back to work, they're not doing it," said Tom Colicchio, the renowned restaurateur and "Top Chef" judge, who has been an advocate for small restaurants during the pandemic. "They're not going to come back to work because unemployment is too attractive.''

This was all fantastically bungled...

Relevant:

Restaurants' bailout problem: Unemployment pays more