So many programs benefit some people and not all. The answer to "What about _____ loans?" or "What about people who paid their loans off? is "Not everything has to benefit everyone". Quick examples:
All corporate subsidies, tax breaks, bailouts.
PPP LOANS YOU MORONS.
Homeowner tax credits, energy assistance, first-time buyer assistance.
Rural internet.
A million different disease-specific medicaid add-ons.
People mad at this one specific thing is such a tell.
Every one of those examples, to the extent they are even accurate descriptions of something that happened, are false equivalences to this student loan debt forgiveness.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
Every one of those examples, to the extent they are even accurate descriptions of something that happened, are false equivalences to this student loan debt forgiveness.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
The government is not" handing out money" here. They are transferring the debt from people who signed up for the loans to people who either paid off their loans or those who never entered into student loans. This is a regressive tax saddling those people who don't owe on them.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
The government is not" handing out money" here. They are transferring the debt from people who signed up for the loans to people who either paid off their loans or those who never entered into student loans. This is a regressive tax saddling those people who don't owe on them.
Just like the took my money and gave it to politicians and business which would have failed during the pandemic. Or takes my money and gives it to a over leveraged homeowner. Etc. etc.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
The government is not" handing out money" here. They are transferring the debt from people who signed up for the loans to people who either paid off their loans or those who never entered into student loans. This is a regressive tax saddling those people who don't owe on them.
This initiative will not actually create federal outlays or direct taxpayer payments. In theory, the government has essentially agreed to no longer be reimbursed for loans it already disbursed, along with interest. Higher education experts have noted that many of these loans were never going to be fully paid back anyway because they were set to be forgiven eventually all along.
So over the next decade, the government would be agreeing to decrease X amount of income it may or may not have projected to take in from borrowers/lenders, but that's not as simple/direct as saying "eVeRY aMERicAN wILL pAy $1000 fOR a BARISTA'S gENdeR stUDies DegREE!!!?!"
Virtually none of your examples are loans. Loans come with a documented commitment to repay them. And those PPP “loans” were designed to become grants if used properly. People ignoring the difference is the real tell.
So Biden converted some federal student loans to federal student grants! Nice to know that if we just change the name everything is ok in your framework. It's still taxpayers shouldering the load for business that couldn't survive the pandemic. In my view working class kids who have student debt deserve that tax money more than floundering businesses.
Reading comprehension not your thing? Not the way those student loans were designed and not within his authority to convert or forgive them. Sounds like a threat to democracy when the President intentionally violates the democratically enacted laws. You wouldn’t like that.
Every one of those examples, to the extent they are even accurate descriptions of something that happened, are false equivalences to this student loan debt forgiveness.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
I never understand why you people worship an economic system with a demonstrated record of universally failing.
Gov hands out money all the time. This one instance, they help people in debt rather than juicing the stock of a company that pays lobbyists. Will never understand why you people worship the boardroom executives getting taxpayers to fund their yachts. It's pathetic.
I never understand why you people worship an economic system with a demonstrated record of universally failing.
Workers need to make more money in this country. They deserve it, it could easily be done of even moderate worker's rights were established in this country. I hate that every grocery store, fast food restauraunt, mall, and factory in this country is filled with impoverished adults so that like 1% of people can squat at the top of these industries and take home money hand over fist.
I never understand why you people worship an economic system with a demonstrated record of universally failing.
Workers need to make more money in this country. They deserve it, it could easily be done of even moderate worker's rights were established in this country. I hate that every grocery store, fast food restauraunt, mall, and factory in this country is filled with impoverished adults so that like 1% of people can squat at the top of these industries and take home money hand over fist.
Are you sure you aren’t imagining what things are like after socialism happens? Sounds like it to me. Everybody gets poor except for party leaders?
Workers need to make more money in this country. They deserve it, it could easily be done of even moderate worker's rights were established in this country. I hate that every grocery store, fast food restauraunt, mall, and factory in this country is filled with impoverished adults so that like 1% of people can squat at the top of these industries and take home money hand over fist.
Are you sure you aren’t imagining what things are like after socialism happens? Sounds like it to me. Everybody gets poor except for party leaders?
Do you think communism and socialism are the same thing?
I never understand why you people worship an economic system with a demonstrated record of universally failing.
Workers need to make more money in this country. They deserve it, it could easily be done of even moderate worker's rights were established in this country. I hate that every grocery store, fast food restauraunt, mall, and factory in this country is filled with impoverished adults so that like 1% of people can squat at the top of these industries and take home money hand over fist.
It’s pretty weird to me that as bad as this country is in your mind, as unequal as wealth is, as poor as these 1% are…millions are crossing the border annually. Paying thousands of dollars and risking their lives to get here. many escaping from the failed socialist regime of Venezuela and the communist one in Cuba. I’d rethink your thoughts.
Home ownership, retirement, healthcare, having children, etc are out of reach for an increasing number of people and an increasing % of the population. Cost of living increases every year, while real wages stagnate or drop. Your boring stupid talking points don't change the math or the fact that quality of life is getting worse due solely to the greed of corporations simply lobbying more and paying less.
McDonalds workers making 20$ / hour and the franchise owner making is not apocolyptic you chump.
There’s actually a McDonalds near me where the offer up to $21/hour and they can’t find employees. So bad the franchisees work seven days per week. Yep…they’re having a great time on their yacht! You’re a buffoon hiding behind some talking points.
McDonalds workers making 20$ / hour and the franchise owner making is not apocolyptic you chump.
The GAO, that’s the Government Accounting Office, put out a study that showed that raising the minimum wage to $15 would raise 800K out of poverty…and put 1.6M out of work. The city of Seattle got similar results in a study from the University of Washington.
McDonalds workers making 20$ / hour and the franchise owner making is not apocolyptic you chump.
The GAO, that’s the Government Accounting Office, put out a study that showed that raising the minimum wage to $15 would raise 800K out of poverty…and put 1.6M out of work. The city of Seattle got similar results in a study from the University of Washington.
Yes, investors pulling out if their profit margin demands are not assured is a problem. Glad you recognize this problem that is easily solved by gov subsidizing This instead of That, and by having more worker-owned businesses where people doing to work actually profit. But that would be a socialist policy. Tax breaks somehow are not.
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