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It's also being pitched as a plan to redress income inequality. Because everybody knows the way to fix income inequality is to create a program for small business loans so you can shoot a load of cheap money all over the people who already own the means of production.
They don't understand that the people who own businesses in a community don't fucking live there and the people who work in a community don't own that community. We, the workers, rent our places in the communities we live in, and these assholes are so out of touch they don't even know the difference.