"Grrr I hate it so much when loans are forgiven"

Life is Golden said:
No loans are being "forgiven", the debt is being transferred to the taxpayers.
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The debt is already on the taxpayers, you fucking idiot.

The money has already been spent, so it can't add more to the debt.

Why is every single Conservative a fucking idiot like you? Because you didn't go to college and your development was arrested at age 18.
 
do you people think these bailouts DON'T get added to the national debt?

yer fuckin stoopehd.

all these bailouts are more examples of fascism.
:truestory:
 
LV426 said:
Who says that raising taxes will contract the economy...and aren't you the one who said that economies need recessions and we shouldn't do anything about them when they happen????
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Every time we raise taxes on the wealthiest and corporations it never happens like they claim



Every time we lower it for the wealthiest and corporations it never happens like they claim


The facts are clear



It’s why they created right wing media
 
Phantasmal said:
I’d like to see which liberals said that, thanks. Are we talking a few hundred a month for food stamps or millions in ppp loans, I’ve never seen a liberal supporting the rip off of millions.
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No liberals said that, Flash just made it up because he's trying to make himself look like less of a hypocrite for opposing $400B in student debt relief while saying virtually nothing about two years of PPP loan forgiveness totaling at least $650B.

Make him prove that he said all these things back then, because I'm nearly 100% sure he never said a thing about them.
 
AssHatZombie said:
yes. colleges win. banks win.

taxpayers lose.
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No, taxpayers are winning here because 15M of them are having their debt wiped clean, and another 35M of them are having their payments capped at 5% of their income so that they can do more consumer spending, which creates jobs and wealth...LIKE YOU WANT.

Now, please proceed to argue in favor of less consumer spending.
 
AssHatZombie said:
do you people think these bailouts DON'T get added to the national debt?
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For the umpteenth time...it's already on the debt.

Forgiving it wipes the debt obligation since it's the government that is forgiving its own loans.

Now at least 15M people will no longer have to make student loan payments, so they can now spend that money on other things like consumer goods, services, houses, starting a family, starting a business...etc.

You oppose all that, I suppose.
 
LV426 said:
No, taxpayers are winning here because 15M of them are having their debt wiped clean, and another 35M of them are having their payments capped at 5% of their income so that they can do more consumer spending, which creates jobs and wealth...LIKE YOU WANT.

Now, please proceed to argue in favor of less consumer spending.
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that's just a small fraction of taxpayers.

consumer spending on debt is stupid.
 
McRocket said:
'Jason Furman is an American economist and professor at Harvard University's John F. Kennedy School of Government and a Senior Fellow at the Peterson Institute for International Economics.

On June 10, 2013, Furman was named by President Barack Obama as chair of the Council of Economic Advisers.'


https://twitter.com/x/status/1562503985529233410
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The student loans being forgiven have already been spent. So they can't add any more to the debt. Also, because the government is the entity who made these loans, forgiving the debt obligation actually moves the debt off the books, which couldn't be done if these loans came from private lenders. It's basically a write off, which private companies do all the time to get out of debt. Warner Bros Discovery is proving that right now, if you're paying attention.

But since most Conservatives are fucking stupid like you, you'll just search for any jackass who validates your inherent biases because you've already made up your mind about this by being so reactionary.

This move will actually reduce the debt in the long run because now nearly 50M people have more money to spend in the consumer market, driving up demand, which drives job creation, innovation, and revenue.
 
LV426 said:
For the umpteenth time...it's already on the debt.

Forgiving it wipes the debt obligation since it's the government that is forgiving its own loans.

Now at least 15M people will no longer have to make student loan payments, so they can now spend that money on other things like consumer goods, services, houses, starting a family, starting a business...etc.

You oppose all that, I suppose.
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those are banks loans.

the bank is getting 100 cents on the dollar.

the taxpayers at large are being saddled with it.

this another bank bailout.

are you a fucking idiot?
 
LV426 said:
YES! Liberals and Democrats demanded accountability for these loans and how they were disbursed, and the Trump Administration, with your blind support, did the exact opposite.

That's how Tom fucking Brady ended up with a $100K PPP loan forgiven.

Maybe you forgot about all that because you're old as shit and dementia has ravaged what little brain you had.
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I didn't support any of that stimulus spending at the time or any of Trump's other proposals. You probably forgot that or if you did remember you got it wrong--you always get stuff backwards.
 
LV426 said:
Who says that raising taxes will contract the economy...and aren't you the one who said that economies need recessions and we shouldn't do anything about them when they happen????
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That was not me.

This is another predatory lender bailout.
 
LV426 said:
The debt is already on the taxpayers, you fucking idiot.

The money has already been spent, so it can't add more to the debt.

Why is every single Conservative a fucking idiot like you? Because you didn't go to college and your development was arrested at age 18.
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Noooooo, ... the money was LOANED ... by the taxpayer ... to the wealthy white lib.
 
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