Bigking321
Well-known member
Certainly a better plan then forgiveness.
Yet another example of why no one should think the GOP leadership actually gives a fuck what it's base thinks or wants. Deficits are good so long as they benefit the military, but if they support American's at home it's horrible and unjust. The GOP railing against student loan forgiveness is another instance of the GOP shooting itself in the foot to appease Boomer-cons.
Specific to the here and now, though, we're not really increasing the debt and going forward the continued discretionary spending of previous loan holders will be beneficial to the wider economy. Instead of making payments on their student loans, they'll be making payments on cars, houses, etc. I do believe, as a general issue, we need wider reform to the college system in America and that this should be viewed as a measure of stabilizing the existing situation.
I agree it will be much worse. I read someone said it's now in the road to literally buy votes which means escalation would lead to the public purse being used to buy more of the votes on the promise of winning the election.I disagree, it will be far worse. At least Obamacare has some long term effects, this is a one term shot.
all it takes is allowing people to declare bankruptcy over student loans. the market will handle the rest over a few years.Just sieze the endowments of the ivy league and use that money to pay off the student debts.
well shit then. if student loans are nationalized then the government could actually just wipe it all away. I think it would be an act of congress needed there since they control the purse though. and there would be massive economic consequences to that.In regards to who is paying for it... Obama nationalized student loans, they are literally loans from the government.
I believe you have that the wrong way around. Trump passed $600 checks, Biden passed $1400 checks. Also, I thought it was the Senate, not the House, that torpedoed extra money in the last month of the Trump administration. One more reason for Trump to hate McConnell.I for one, will never forget that the democrats were promising $2000 in relief if they got elected, wouldn't allow it before the election even though they could have, and then only gave $600 after they were elected.
Yeah I got my numbers a bit mixed up. Whoops.I believe you have that the wrong way around. Trump passed $600 checks, Biden passed $1400 checks. Also, I thought it was the Senate, not the House, that torpedoed extra money in the last month of the Trump administration. One more reason for Trump to hate McConnell.
soo what will this mean in the longterm?
It gets shot down by the supreme court for being blatantly unconstitutional.
At least once some lawsuits get rolling. This is a feel good Democratic PR move before midterms hit, nothing more.
Pelosi herself said it was a power of Congress not the president which means she's livid at how for stepping on her turfIt gets shot down by the supreme court for being blatantly unconstitutional.
At least once some lawsuits get rolling. This is a feel good Democratic PR move before midterms hit, nothing more.
She would be if she wasn't at the controls of the Biden-botPelosi herself said it was a power of Congress not the president which means she's livid at how for stepping on her turf
From making foreign leaders puppets the US president is now one.> I am not allowed to do that.
> People keep on thinking he is demented
> He is actually making repeated calls for help
> Tries to convince people that he is a puppet being held captive by his handlers
> Nobody gets it
Sometimes I wonder if the above is the situation. Not sure. I am mostly convinced he is actually demented rather than trying to signal his captivity. but it is something i think about