"Grrr I hate it so much when loans are forgiven"
- Thread starter LV426
- Start date
trump demanded he get a half trillion dollar slush fund to spend as he likes. In order to get an essential bill through Congress, Pelosi gave that to him. That was more money to do whatever he wanted with than any other president had ever gotten. Can you point to anything great trump did with that?
PostmodernProphet
fully immersed in faith..
where do you come up with stupid shit like this?........do gremlins plant idiot idea seeds in your head at night because they found just the right soil between your ears for them to grow?......none of that happened........
Port Tack
Verified User
Trump wasted 10 times this amount and you had no problem. We have 30 trillion in debt and this student loan forgiveness is like a few well spent pennies compared to the waste elsewhere but a democrat did it so you are bent out of shape, go fuck yourself nobody cares.
It would be if not for morons like you who demand cuts to programs that undermine their effectiveness because you don't want to admit you're an arrogant turd who is full of shit.
So rather than let the program do its thing, you want to meddle around with its funding because someone convinced your stupid ass that government debt is some kind of boogeyman and not simply a ledger of government spending.
So we have a $28T debt, but we have things to show for it like national parks, Social Security, Medicare, our military...and reasonable people can debate whether or not each of those items was worth it.
But there is no reasonable debate to be had about the debt itself and its impact on the economy, which is nominal at best.
Inflation is GLOBAL, not localized to the US, and US inflation has actually been LOWER recently than most all European nations.
You don't have any fucking idea what you're talking about.
You are just running your big, fat fucking mouth about things you are totally ignorant of.
Government spending doesn't cause inflation...global pandemics do; supply chain disruptions do, DEMAND DOES, but not stimulus spending by one nation in a global economy. That's fucking stupid, and totally shows just how little you know about economics.
Except that supply rises to meet demand, so inflation doesn't factor into that.
Also, INFLATION IS GLOBAL, not localized to the US, and the recent steps the US has taken to combat inflation have clearly been effective since the inflation rate didn't grow in July and looks to be declining for this month. (FYI - this is a different link than the one in the preceding post, but says the same thing).
Government spending didn't create inflation, the pandemic you and Trump didn't take seriously enough is what caused inflation.
There are just as many dollars floating around in the global economy today as there were when the COVID Relief Act and BIF were passed in 2021...inflation was already happening before those bills were passed and you will not be able to make a direct connection between those bills and global inflation beyond your half-brained and half-baked theory you got suckered into believing because there's just simply no way you could have come to those conclusions on your own.
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So...the bad news for you is that most of those PPP loans were forgiven in 2020 and early 2021...it is going to be September 2022 in two days, so your theory is completely fucking bunk because the PPP loans were being forgiven before inflation became your pathetic rallying cry excuse to cut the spending on programs you are ideologically opposed to, but cannot legislate away because they're too popular.
So what you do is some fiscal terrorism by flying planes of tax cuts into the budget, and then screaming bloody murder about the inevitable deficit that arises. Then you use that deficit as an excuse to make punitive cuts those programs further, limiting their operational effectiveness...so it becomes a self-fulfilling and self-sustaining prophecy of fiscal terrorism.
You are a terrorist in that regard.
Well, the government can never go bankrupt because it can issue its own currency.
And the other thing is that there is no "due by" date on the debt either...we can continue accruing debt infinitely if we wanted.
There will never be a time when a bill will come due because most of our debt is owed to ourselves, and there's simply no way to repossess all the things government spending built.
The only way your small mind can think about this is if its reduced to terms you can understand...and instead of deferring to people who know about this subject more than you ever will, you arrogantly insist in unsupported fiction and "conventional thinking" that has led you astray so many times before.
Nothing you are saying here is correct...it's all your half-brained nonsensical insistence that your instincts are better than the empirical evidence and collection of knowledge that is practically SCREAMING at you that you're fucking wrong.
What NGO is getting wealthy off the taxpayers? You're insane. You're fucking nuts. What government programs are you talking about? Why are you so goddamn incoherent all the time and how come you never, ever, ever source any of the shit you say here?
No clue what you're talking about because there's no sources, there's no evidence, there's nothing you are posting here to support anything you're saying.
No fucking idea what you're talking about.
It's not government agencies that are hiring consultants, it's private firms who are doing that. Look up "Magid", you fucking tool.
Wow, what a brave position to take. You sure put yourself out there with that one. Did you just write this to feel better about yourself? No one fucking cares.
So you don't think doctors should be reimbursed for providing health care to people on Medicare and Medicaid?
The only reason that medical debt exists is because you oppose Medicare-for-All because you suck insurance company dick.
"Once i was young and impulsive
I wore every conceivable pin
Even went to the socialist meetings
Learned all the old union hymns
But I've grown older and wiser
And that's why I'm turning you in!"
How so?
Use the text of the legislation and be sure to cite the page and Section #'s that do this.
Because I'm such a nice guy, I've even done the work and found the actual transcript of the Medicare and Medicaid Act of 1965 to get you started: https://www.archives.gov/milestone-documents/medicare-and-medicaid-act#transcript
I expect no other response from you than the quoted, sourced, and fulsome text from the bill that supports your bullshit claims.
What that means, Flash, is that you can't rip things out of context or make shit up like you normally do because we will know.
Right, so once again Flash dives straight for the unverifiable personal anecdote bullshit you always retreat to whenever your argument is smacked the fuck down.
So I'm supposed to believe that you have all this experience with government programs, therefore everything you are saying is true because of your personal anecdotal experience, filtered through the prism of your own bias.
It always seems to come back to that same point with you...you run out of empirical things to argue (because you're full of shit all the time), so you start inventing all these given circumstances that lend your argument credibility it doesn't have along the facts.
You do it all the time..."take my word for it" is basically what your arguments always boil down to.
That's why you've sourced absolutely NOTHING on this thread the entire time you've been insisting all these crazy things.
Flash loves his Nazis, doesn't he?
So what happened to your argument about government spending causing inflation? Because you seem to have completely given up on that argument since you have nothing to support it, and never will.
Are you brain damaged?
Government can only forgive the loans it made.
How can a government forgive a loan a bank made? Take me through that process because I've never heard of that.
The Trump Treasury Department and the SBA did the lending and administration.
But you wouldn't know that because you don't know anything about PPP, and you only started criticizing it on this thread, not at any point in the 2 years prior.
It's your own democrat party narrative.
Nope. No trying to back out of this shit now.
You're the one who said the stupid shit, so now you have to answer for it you little bitch.