The ‘Small’ Business Administration is Now Bigger Than Walmart

by Simon Black
Sovereign Man

As you’ve probably already heard, the US government unleashed a giant tsunami of money on Friday, passing a $2 trillion stimulus bill to help boost the economy during the Covid pandemic.

Let’s put that number in context:

  • $2 trillion is more than it cost to wage 18+ years of war in Afghanistan and Iraq.
  • It’s nearly THREE times the size of the bailout from 2008.
  • It exceeds ALL corporate and individual income tax revenue collected by the IRS last year

We are clearly living in unprecedented times… and that this bailout is equally unprecedented.

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