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The Clark Howard Podcast

4.20.20 More PPP small business money coming; Ticketmaster changes refund stance; Poor college grads; Pro-rated unemployment

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 20 April 2020

⏱️ 41 minutes

🧾️ Download transcript

Summary

PPP money ran out towards the end of last week. But a deal is close to secure more funding for loans to help small businesses. Ticketmaster will be giving refunds for rescheduled or cancelled shows...finally. College graduates will be entering the toughest job environment since The Great Depression. Clark has some thoughts. Why pro-rated unemployment is something worth considering. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's my pleasure to welcome you here to the Clark Howard Show where it's all about you

0:10.6

and that quality yours.

0:11.6

I want you to get ideas to me so you can stretch every dollar which we've got to do right

0:17.6

now.

0:18.6

Want you to know that the folks at Clark.com and ClarkDeals.com are working night and day now

0:25.0

seven days a week to make sure that we give you information that helps you conserve every

0:31.3

dollar so that you can get through these tough times that have been brought about by a

0:36.8

medical problem that have caused a terrible economic problem not just for us in the United

0:42.1

States but all over the world.

0:45.5

Now one of the provisions designed to try to make Main Street survive this very tough

0:53.7

cycle we're in was SBA funding through two vehicles.

1:00.5

One the payroll protection program, the more popular one and the other disaster loans

1:06.6

that were modified from being for hurricanes, tornadoes, earthquakes to be for the coronavirus

1:14.5

situation businesses find themselves in and both programs crashed and burned.

1:19.5

But now as Congress goes through the procedure of adopting the fourth coronavirus stimulus

1:28.9

law and new funding in there for hospitals for the important testing we're not doing in

1:35.6

the United States to see who has coronavirus or who doesn't and to give huge amounts of

1:41.8

more funding to the payroll protection program that ran out of money really fast.

1:47.4

I need to tell you what's unbelievable.

1:50.4

I mean this is a scandal extraordinaire from an industry that just seems to not care about

1:59.0

having a terrible public image and that's the nation's large banks.

2:04.4

There are now multiple lawsuits plus unbelievable you want to read what's been going on unbelievable

...

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