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Only 90%? In the US, the CARES Act is paying 250% of payroll costs!

https://www.thestreet.com/personal-finance/cares-act-paychec...

I'm not too familiar with CARES, but I think the difference is that that is a one-time loan, whereas I think the Dutch government is taking up 90% of the salary costs every month, for a period of at most three months (so adding up to 270%), and is a gift, not a loan.

That said, my overall point was that different measures can lead to different results - not that specific measures were different.

The CARES Act “loan” is structured as a loan in order to (a) enforce the use of funds for payroll expenses, and (b) use existing banking infrastructure. IIRC if you keep 80% of staff, the loan is forgiven.

That said, the PPP ran out of funds today, so not all businesses are getting saved.

Ah right, then that specific measure sounds rather similar (except for the running out, maybe).

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