Forgive Student Loans?

#1,801
#1,801
Ashevolle said:
I paid off my student loans but nice try. Doesn't change the point. Republican ideology has been about preserving wealth for America's richest at all costs since long before I was born. These crocodile tears over fairness is simply laughable.
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Another Government Social Program failure..just like everything else that they touch..they have to keep throwing money at it.

So taxpayers are on the hook in additional taxes, debt and inflation..all for these deadbeats.


As far as preserving wealth for the rich....it is both sides.
 
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#1,803
#1,803
southgatevol said:
So it is your premise is there will be no tax increases? Do you believe that to be factual?
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It isn't just taxes..it is the debt interest, that will never be paid off, as well as inflation that make this over $1T in costs. Really incalculable
 
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#1,804
#1,804
Orangeburst said:
Another Government Social Program failure..just like everything else that they touch..they have to keep throwing money at it.

So taxpayers are on the hook in additional taxes, debt and inflation..all for these deadbeats.


As far as preserving wealth for the rich....it is both sides.
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Just like the Trump tax cuts and Bush tax cuts...... The only difference is who gets the immediate benefit and who pays longterm.
 
#1,805
#1,805
Ashevolle said:
Just like the Trump tax cuts and Bush tax cuts...... The only difference is who gets the immediate benefit and who pays longterm.
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And Bidens legislation is causing the middle class to pay more in taxes..as well as raising inflation..which really hurts the middle and lower class.

There is no free ride with anything is life. Somehow you think Gov paying for something is free and doesn't affect anyone else.
 
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#1,807
#1,807
Orangeburst said:
And Bidens legislation is causing the middle class to pay more in taxes..as well as raising inflation..which really hurts the middle and lower class.

There is no free ride with anything is life. Somehow you think Gov paying for something is free and doesn't affect anyone else.
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How is Biden driving inflation, something is is happening globally? I'm all for assigning blame where it's deserved, but we'd be in that same pickle regardless of who was running the show.

Biden's tax/spening has also bridged the gap in deficit spending by reducing the deficit hemmoraging we've experienced over the last 5 years. Still needs to improve but his admin will run. A 1 trillion dollar deficit vs 3 trillion in 2020 under his predecessor. Deficit spending with massive tax cuts for the rich is pushing us to insolvency, it devalued the dollar, and returned nothing to 99.9% of the electorate.

I'm not a Biden fan, but his tax policy has been an improvement over Trump's.
 
#1,809
#1,809
Ashevolle said:
How is Biden driving inflation, something is is happening globally? I'm all for assigning blame where it's deserved, but we'd be in that same pickle regardless of who was running the show.

Biden's tax/spening has also bridged the gap in deficit spending by reducing the deficit hemmoraging we've experienced over the last 5 years. Still needs to improve but his admin will run. A 1 trillion dollar deficit vs 3 trillion in 2020 under his predecessor. Deficit spending with massive tax cuts for the rich is pushing us to insolvency, it devalued the dollar, and returned nothing to 99.9% of the electorate.

I'm not a Biden fan, but his tax policy has been an improvement over Trump's.
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His deficit went down because covid spending came off the books. It had nothing to do with policy
 
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#1,813
#1,813
BigOrangeMojo said:
I'm not for student loan forgiveness for the same reason I'm not for tax debt forgiveness: the government should not be in the business of subsidizing poor financial decisions as a political ploy...
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I’m for forgiving all student debt if the government gets out of the loan business.

I’m sure the government is spending more money to collect and service student loans than the money they collect from the loans. It’s what they do. The government couldn’t run a successful lemonade stand. In the long run it will probably be more beneficial to leave the loaning decisions to banks and cost taxpayers less money.

The government should not be in the business of subsidizing anything.
 
#1,814
#1,814
Ashevolle said:
How is Biden driving inflation, something is is happening globally? I'm all for assigning blame where it's deserved, but we'd be in that same pickle regardless of who was running the show.

Biden's tax/spening has also bridged the gap in deficit spending by reducing the deficit hemmoraging we've experienced over the last 5 years. Still needs to improve but his admin will run. A 1 trillion dollar deficit vs 3 trillion in 2020 under his predecessor. Deficit spending with massive tax cuts for the rich is pushing us to insolvency, it devalued the dollar, and returned nothing to 99.9% of the electorate.

I'm not a Biden fan, but his tax policy has been an improvement over Trump's.
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You take out the COVID spending and Biden's deficits are larger than Trumps....
 
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#1,818
#1,818
BigOrangeMojo said:
I'm not for student loan forgiveness for the same reason I'm not for tax debt forgiveness: the government should not be in the business of subsidizing poor financial decisions as a political ploy...
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Sure I agree with that. And it should be extended to corporations as well. “Too big to fail” is ********. Banks, airlines, whatever. They never learn their lesson, wind up buying back stock only to go through the cycle again.
 
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#1,821
#1,821
BreatheUT said:
I think the next step is the government watching people's bank balance to see who they can take from.

People may start going back to the safe deposit boxes and safes.
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Keep your eyes peeled for digital dollars becoming a thing.. When that starts, you know fascism is right around the corner.
 
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#1,823
#1,823
Ashevolle said:
I'm loving this newfound insistence from Republicans for fairness. Conservatives have been demanding tax cuts for the rich and trying to slash social programs for the poor for 40 years. The party identity is antithetical to fairness.
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The best social program for 'the poor' is private sector jobs.... the exact opposite of what you socialists want.
 
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#1,824
#1,824
luthervol said:
So you disagree with the right for a mutually agreed on change in terms after an initial contract is signed?
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Not all parties are being considered. The government doesn't earn the money to write off the debt. That is money taken from the taxpayer; and I, for one, don't give my consent for my tax money to be used to write off student debt. You seem to have similar concerns paying for bombs for Israel or elsewhere. Perhaps the real issue is that our "representative" government really isn't representative of the US populace as a whole - at least not equally representative.
 
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