I am not commenting on whether or not they should have been. I am not interested in tying them back to discussion of any other loans or loan forgiveness.
Why call them loans if they are not?
In: Economics
Because you were expected to pay them back, *unless* you met certain criteria. And those criteria were pretty easy to meet.
But it’s just semantically easier to say it’s a loan that can be forgiven than a handout that can be clawed back.
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