whos going to pay for this ?

Bulletbob said:
https://www.yahoo.com/lifestyle/hey-biden-cancel-student-loan-090026224.html

whos going to end up on the hook for all of this ?

Today more than 44 million Americans have outstanding student loan debt, which has become the one of the biggest consumer debt categories. All told, student debt in the U.S. now totals more than $1.5 trillion.

biters starting off with a 1.9 trillion stimulus and is planning on a 1. 5 trillion student loan forgiveness offering billions to central America his climate plan will be arounfd 2 trillion and hes just starting to warm up in office for only a short time under a month .
hes still got 3 years and 11 months to go.
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Drop in the bucket you stupid minion


We will make the wealthy pay for it


They will gain from it and have bailed on paying their fare share for decades
 
CASPER said:
True, but thankfully he did not make the middle-class tax cut permeant, otherwise the total Bill for the tax cuts would have been 2.3 Trillion. But back to your point the sad thing is most Americans do not realize that when you impose tariffs it is they that pay for them through higher costs. It all sounds good coming from the politicians mouth, but when you look at the details it can be a far different picture.
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but you get to keep jobs. so tariffs are good.
 
AssHatZombie said:
but you get to keep jobs. so tariffs are good.
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Tariffs have their uses but using them to force others to agree to trade deals usually is best avoided, it is how trump dealt with others in the business world, it does not translate well to National Trade agreements. There will be new trade deals signed with all our trade partners, count on that and tariffs will be reduced or omitted.
 
CASPER said:
Tariffs have their uses but using them to force others to agree to trade deals usually is best avoided, it is how trump dealt with others in the business world, it does not translate well to National Trade agreements. There will be new trade deals signed with all our trade partners, count on that and tariffs will be reduced or omitted.
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of course it translates well. tariffs are an amazing tool for negotations and practicality.

you putting tariffs off the table is idiocy. or you just want to destroy america and or all nations.

anti-tariff = globalist zealotry.
 
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AssHatZombie said:
of course it translates well. tariffs are an amazing tool for negotations and practicality.

you putting tariffs off the table is idiocy. or you just want to destroy america and or all nations.

anti-tariff = globalist zealotry.
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Re-read my post, I did not say tariffs were off the table. That said, starting out negotiations with Tariffs is a stupid way to make deals
 
CASPER said:
Re-read my post, I did not say tariffs were off the table. That said, starting out negotiations with Tariffs is a stupid way to make deals
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it's always a good time for tariffs.

I don't do words games with morons. you're anti tariff, that makes you a moron.
 
CASPER said:
Tariffs have their uses but using them to force others to agree to trade deals usually is best avoided, it is how trump dealt with others in the business world, it does not translate well to National Trade agreements. There will be new trade deals signed with all our trade partners, count on that and tariffs will be reduced or omitted.
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trump, who doesn't understand tariffs, caused losses of thousands of jobs. He starved the farmers, and drove the price of almost everything up.
 
Hawkeye10 said:
With as deeply as the universities have failed at this point many who go to State Universities dont learn anything but lefty indoctrination either.

For many University is a lifestyle purchase, education is neither wanted nor offered.
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Do you truly believe that? That is scary.
 
evince said:
Drop in the bucket you stupid minion We will make the wealthy pay for it They will gain from it and have bailed on paying their fare share for decades
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THE RICHEST PEOPLE IN AMERICA

Jeff Bezos
Bill Gates
Mark Zuckerberg
Warren Buffett
Steve Ballmer
Larry Page
Sergey Brin
Alice Walton
Jim Walton
Rob Walton
MacKenzie Scott

https://www.forbes.com/forbes-400/

Aren't they all leftists?
 
Many people don't understand how debt works in the modern world. The national deficit is nothing. What the average person doesn't grasp is that greater debt equals greater wealth, because the world's economy today is built upon fractional reserve banking.

Basically, banks loan governments money and the interest is what determines a particular currency's worth. The day we have "no debt" is the day we also have no money. The greater our debt, the greater our wealth. In theory, we could afford as many stimulus checks as we want, so long as fractional reserve banking continues paying for it.
 
Michael_Spametta said:
Many people don't understand how debt works in the modern world. The national deficit is nothing. What the average person doesn't grasp is that greater debt equals greater wealth, because the world's economy today is built upon fractional reserve banking. Basically, banks loan governments money and the interest is what determines a particular currency's worth. The day we have "no debt" is the day we also have no money. The greater our debt, the greater our wealth. In theory, we could afford as many stimulus checks as we want, so long as fractional reserve banking continues paying for it.
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Who told you that, Spametta?
 
RB 60 said:
Before the China virus, the economy was going strong. Unemployment was at an all-time low so there was a good tax income to offset spending.
Tariffs? Hell, why not let China send their junk here completely untaxed when they tariff the hell out of us? Fuck China, tariff the hell out of them.
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Parroting the Trump lines,is played out!
Still calling it the "China Virus" is just deflecting that Trump dropped the ball on the American response.
That Trump ship sank,along with his attempt to over throw the election he lost
 
TexanManWithPlans said:
Many people don't understand how debt works in the modern world. The national deficit is nothing. What the average person doesn't grasp is that greater debt equals greater wealth, because the world's economy today is built upon fractional reserve banking.

Basically, banks loan governments money and the interest is what determines a particular currency's worth. The day we have "no debt" is the day we also have no money. The greater our debt, the greater our wealth. In theory, we could afford as many stimulus checks as we want, so long as fractional reserve banking continues paying for it.
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Voodoo economics!
 
Mason? said:
Parroting the Trump lines,is played out!
Still calling it the "China Virus" is just deflecting that Trump dropped the ball on the American response.
That Trump ship sank,along with his attempt to over throw the election he lost
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OK. Then it's the WuFlu.
 
Bulletbob said:
https://www.yahoo.com/lifestyle/hey-biden-cancel-student-loan-090026224.html

whos going to end up on the hook for all of this ?

Today more than 44 million Americans have outstanding student loan debt, which has become the one of the biggest consumer debt categories. All told, student debt in the U.S. now totals more than $1.5 trillion.

biters starting off with a 1.9 trillion stimulus and is planning on a 1. 5 trillion student loan forgiveness offering billions to central America his climate plan will be arounfd 2 trillion and hes just starting to warm up in office for only a short time under a month .
hes still got 3 years and 11 months to go.
Click to expand...

I know who's going to benefit at the expense of taxpayers: Student loan writers.

AKA Big Banks. This is a massive redistribution of wealth (again) from the people to the big banks.

The 1st one in recent times was when Obama bailed out the big banks from all their sketchy loaning.

They got stimulus money AND kept all the properties.
 
Matt Dillon said:
I know who's going to benefit at the expense of taxpayers: Student loan writers.

AKA Big Banks. This is a massive redistribution of wealth (again) from the people to the big banks.

The 1st one in recent times was when Obama bailed out the big banks from all their sketchy loaning.

They got stimulus money AND kept all the properties.
Click to expand...

You don't realize how absolutely critical large banks are to our modern international economy. The only way wealth is created is by fractional reserve banking. This is why the banks were said to be "too large to fail" and why it was absolutely critical to give back the banks all of that imaginary money they they'd created out of thin air via fractional reserve banking.

I'm not saying I "like" or "dislike" the way things are now. But this is the way things are. If the banks had failed, the USD--and civilization as we know it--would have crumbled.
 
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