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

[Flash]

Yes, it does because those cuts are almost always operational, which makes the programs dysfunctional.

That's the consequence of baseline percentage cuts that your kind is always screaming about.

You've never heard me say baseline. It is a dumb concept that guarantees a department's budget will be increased each year and results in the agency spending every penny whether needed or not because they are afraid if they don't spend it all they won't get as much next year.

Agencies always fear their budget, mission, or staff will be reduced because it reduces the status. A good friend who was head of the local office of the employment commission cried when her office received a lower classification when high unemployment dropped and they did not have as many people to process.

 

[Flash]

Prejudice related to what? Cause if you're disparaging me by disparaging my Jewish heritage, that would definitely be institutional.

What institution?

 

[LV426]

When I get a phone call asking me if I have pain and I can get pills covered by my insurance, that is not necessarily illegal but it is waste.

WTF? Who is calling you asking you if you have pain? What are you talking about? A private pharmacist is reaching out to you to try to get you to get pain pills? I've never had anyone call me before about that, and I get a lot of telemarketers. Does your phone say "Spam Risk", when they call?

Also, do you answer every call that comes in?

 

[Flash]

Not directly, but indirectly, yes, by increasing my home's value because of more home construction and purchases due to Atlanta's white hot real estate market. Now, a whole bunch more folks are going to be househunting.

Creating less affordable housing for lower income.

 

[LV426]

Cutting fraud and waste from a program is not hurting the function of that program--it provides more money for real services. Much of the fraud/waste is built into operation of the program, just change much of the funding methods methods and you eliminate a lot of fraud.

What funding method? What are you talking about? Medicare is funded by payroll taxes.

When the VA can get supplies much cheaper than Medicare pays because they use competitive bidding it does nothing to hurt the function of the VA and gives them more money for services.

You realize in the Inflation Reduction Act, which you opposed, Medicare can now bargain for many prescription drugs, which the 2003 Part-D, that you no doubt supported, prohibited?

 

[LV426]

Are you shitting me? There are many threads complaining about the misuse of the China Virus money that was passed out like candy. .

There sure are, but none of them are by you or your "very fine people".

Also, your link is from 2022, not 2020-2021 when most of the PPP loan forgiveness was done.

We know you supported it because it was Trump's thing, and you supported everything Trump did.

 

[LV426]

It is a poor tradeoff when you try to increase consumer spending with government borrowing.

There is no borrowing, Flash...the borrowing is forgiven.

The spending has already happened because time is linear.

If reducing the debt is your primary concern, then you should be 100% supporting student debt forgiveness because that debt forgiveness extends to us. We can't add any more to the debt by forgiving loans that were already paid out. Why is that so fucking hard for you to understand? Is it because you're brain damaged? Or are you just a fucking egomaniac?

Use your head.

The loan payments would all go to pay off the loan

So what does the economy gain by making debt payments to the government?

Be sure to list those gains out and source them.

I don't think you'll ever be able to do that because I already know that the economy gains nothing by debt payments to the government.

But the economy does gain a bit through increased consumer spending.

You should know that because it is the entire basis of your shitty "low tax" argument...your argument there is that if taxes are low or are lowered, then consumers will have more money to spend in the consumer economy. That is the basis of your economic and taxation beliefs, is it not? Well guess what happened shortly after taxes were cut every time the last 50 years? RECESSIONS.

So low taxes are simply not good for the economy, but you know what is good for the economy? Consumer spending. And 50M people will now be able to spend more in the consumer economy...which are all gains.

Student loan payments do nothing for the economy...in fact, I'd argue that they work to contract an economy because it takes away from consumer spending, which represents 70% of the economy but accounts for nearly 100% of the growth.

 

[LV426]

The loan payments would all go to pay off the loan, consumer spending would only pay the 8-12% from federal income tax revenues.

Right, but if they're spending more money, then they're generating more revenue.

No revenue is generated by spending money on student loan repayments. In fact in some cases, you can write off the interest on your student loans, which costs the government revenue.

Forgiving student loans costs nothing because those loans were already made.

Such spending is why we are facing high inflation which is not benefiting consumer spending. It is short-term gain and long-term loss.

Inflation is occurring globally because you and Trump refused to take COVID seriously, so you both fucked up the global economy, and all of your solutions will only further exacerbate inflation.

This is non-inflationary because the loans have already been issued.

Some people are just so fucking stupid....

 

[Flash]

What funding method? What are you talking about? Medicare is funded by payroll taxes.

The method used to fund providers. If I am a chiropractor and the Medicaid law allows me to do a certain procedure on juveniles then I will find a way to do as many of those as possible. I will send vans out after school to pick up the kids on their way home and offer them burgers and video games while I perform that "adjustment" on each child. I make millions because the Medicaid funding method encourages the practice. This was a real case.

You realize in the Inflation Reduction Act, which you opposed, Medicare can now bargain for many prescription drugs, which the 2003 Part-D, that you no doubt supported, prohibited?

That should have been done from the beginning but those involved in passing the bill were afraid to vote against the drug companies. They didn't require competitive bidding for supplies because the smaller companies complained the large companies would outbid them. These are common sense procedures but government often wants what will create the most funding--not what will be most efficient.

 

[LV426]

I read none of that

No need to advertise you're an ignoramus...we already know you are.

But you might as well stop being a little bitch about it and put me on ignore since you aren't reading anything anyway.

 

[Stringfellow Hawk]

There is NO THOUGHT in any of their debates


It’s just hate whatever is done by a functioning Democratic nation



Love whatever Donnie does






It’s a mindless cult now


Lots of them waking up as voters and realizing they have been played for idiots by the Current Republican Party


Some are just too shallow to admit they were wrong


They are the real deplorables

yes, we are all idiots, we should enjoy paying more for everything under Biden, having smaller disposable incomes, less money to provide for our families, what were we thinking evince, we should all be much happier now

thanks for the laugh, turd

 

[LV426]

Ahhh yes!!!
The great excuse of the left?
Trickle up economics.

The right uses trickle down for cutting taxes for the wealthy.
The left - trickle up.
Both are pathetic, lame and have been proven as such throughout history.

When you want to justify a government program that adds to the long term debt of the nation?
Just toss out the old - trickle up economics.

Of course, it is IMPOSSIBLE to prove.
Which is why it means ABSOLUTELY NOTHING.

So, what you are really saying is that you can provide no proof WHATSOEVER that this mooch forgiveness - er - debt forgiveness will ever generate a single dime of extra, economic activity then would have been created otherwise.

And you cannot BEGIN to prove that this move will not simply switch the debt burden of these loans from the people who actually took them out, originally?
To said innocent taxpayers.

So noted.


I will now let you get back to spewing forth your hatred for all those on the right...and all children (I still cannot fathom a human being actually hating ALL children - as you have said you do).

And no, I am not going to indulge in your '17 quotes to cover, ever, tiny aspect of my post' game.

Bye now.

Wow, you're so emotional. Try smiling more, and people may be more receptive to you.

 

[LV426]

You've never heard me say baseline.

One of your worst fucking habits is to propose across the board percentage cuts to spending because you ultimately know nothing about the spending you are trying to cut, and you're too fucking lazy to dive deeper into it.

It is a dumb concept that guarantees a department's budget will be increased each year and results in the agency spending every penny whether needed or not because they are afraid if they don't spend it all they won't get as much next year.

That is not what baseline is referring to here, Bad Faith Flash.

Baseline percentage cuts...like cutting 15% of Medicare. Where do you think those cuts come from? Not from the benefits, so they're coming from somewhere else...operations and enforcement, the two things you portend to care about most.

Agencies always fear their budget, mission, or staff will be reduced because it reduces the status.

Or, they fear it because it reduces their operational capacity, which clears the way for the fraud you're complaining about, but are really the cause of.

You're really the cause of the fraud because the cuts you make to those programs always fall on the operations...so you cut funding for enforcement and fraud protection, and then cry about fraud and a lack of protection.

Amazing.

 

[LV426]

A good friend who was head of the local office of the employment commission cried when her office received a lower classification when high unemployment dropped and they did not have as many people to process.

Bullshit.

 

[LV426]

What institution?

antisemitism

 

[LV426]

Creating less affordable housing for lower income.

Well it's a good thing then that my city is sensitive to that and is constructing affordable housing and/or has a plan, how about yours?

https://www.atlantaga.gov/home/showdocument?id=24658

Where's your plan? Oh right, you don't have one because you don't know anything about the economy, the debt, health care, education, or housing.

Did you see Andrew Yang get torn apart on CNN for the same BoTHSiDerISm you shit forth here every day?

That conversation is one I think we've had here many times and they always end the same way...as bad as they ended for Yang.

That's the consequence of having a persona before you pick a side.

 

[LV426]

The method used to fund providers.

Medicare is funded by payroll taxes.

You seem to be talking about the chargemaster, which is the document worked out between the provider and insurer that maximizes revenue for both at your expense.

Medicare doesn't do that...they don't work out rates individually with each provider; Medicare has set rates that the provider either accepts or does not.

So what funding method are you talking about? Are you trying to say reimbursement? You're so scattered and inarticulate.

I will send vans out after school to pick up the kids on their way home and offer them burgers and video games while I perform that "adjustment" on each child.

If you're driving around in a van, trying to lure children I don't think it has anything to do with health care.

Why are you running your mouth about something you know nothing about?

That should have been done from the beginning but those involved in passing the bill were afraid to vote against the drug companies.

Don't try to assume that position now, Flash. You're too late. You've been out of the loop...you didn't even know the IRA did precisely that.

I mean, this is just sad now.

 

[LV426]

yes, we are all idiots, we should enjoy paying more for everything under Biden, having smaller disposable incomes, less money to provide for our families, what were we thinking evince, we should all be much happier now

thanks for the laugh, turd

You might be struggling, but I'm not.

Maybe the problem isn't Biden...maybe the problem is you.

 

[Lao Tse]

There aren't 300M taxpayers in the US you goddamned fucking fool, there are 144M taxpayers in the US.

You don't know what the fuck you're talking about.

it's on all citizens tho. when people do pay taxes they will be paying that debt.

you're retarded or somethig.

 

[Flash]

One of your worst fucking habits is to propose across the board percentage cuts to spending because you ultimately know nothing about the spending you are trying to cut, and you're too fucking lazy to dive deeper into it.

Across the board cuts is just a way to say I would cut everything. Some agencies and programs would get higher or lower amounts and some would be eliminated.

You are so attached to government spending you are unwilling to do anything that would help the economy or society because it might cause a department head his Secret Service protection and limousine.