Biden administration cancels $1.2B in student loans with new repayment plan

[Into the Night]

The rip-off was the Trump tax cut that plunged manufacturing into a recession for all of 2019 before the rest of the economy followed in February 2020 before any COVID lockdowns.

Tax cuts don't cause economic depression, Sock. The Covid lockdowns caused by Democrat fear mongering caused the current economic depression to begin.
You can't blame Trump for YOUR problems.

 

[Into the Night]

1.2 Billion that wont go to banks, but be distributed into our economy.

It's not.

It's just theft.

It's just communism.

Stealing from most to benefit a few.

 

[Jarod]

It's not.

It's just theft.

It's just communism.

Stealing from most to benefit a few.

False.

 

[anonymoose]

I don't know, maybe we should ask all the "business owners" who had their PPP loans forgiven.

If student loan borrowers must repay those loans, then every single "business owner" who got a PPP loan must repay them too.

It's only fair.

Agreed. ALL government loans should be forgiven. SBA loans, PPP loans, student loans. In addition, anyone who paid AMY government loan off should be reimbursed in full including interest.

 

[Into the Night]

False.

It's communism, Sock. Communism is government ownership of markets. When government takes money by force and gives to another, that's communism.
Forgiving student loans is taking money from many by force to give it to a few. That's communism, Sock.

Communism is based on theft.

You're a commie for supporting it.

 

[Jarod]

It's communism, Sock. Communism is government ownership of markets. When government takes money by force and gives to another, that's communism.
Forgiving student loans is taking money from many by force to give it to a few. That's communism, Sock.

Communism is based on theft.

You're a commie for supporting it.

You have no concept of what Communism is.

 

[Nordberg]

For-profit healthcare and for-profit medical care result in great advantages to the wealthy and a disservice to the nation. The poor will get hosed. Education should be cheap and easy for all who want it. It helps the country grow and compete.

 

[Into the Night]

You have no concept of what Communism is.

You are describing yourself again.

The word 'communism' first appeared in the English lexicon around 1300, coming from the Latin 'communis', meaning 'common' as in 'common wealth'. In other words, it is government ownership of wealth (or markets).
It is based on theft of wealth. It forcibly takes wealth from those producing it and gives it to those not producing it.

Canceling student loan debts is communism. It is forcibly taking money from taxpayers and giving it to students by converting a loan to a grant.

Don't try to redefine 'communism' to void, Commie.

 

[Into the Night]

For-profit healthcare and for-profit medical care result in great advantages to the wealthy and a disservice to the nation. The poor will get hosed. Education should be cheap and easy for all who want it. It helps the country grow and compete.

TANSTAAFL. Communism doesn't work, Commie. It is based on theft.

 

[LV426]

Communism does not help the economy, Sock. It is based on theft.

It's not communism, it's capitalism. Spending money in the consumer market is capitalist. Thanks to Biden, there will be more capitalism now. Much more than Conservatives have ever been responsible for. Speaking of which, can you name one thing Conservatives have done on their own that made the country an objectively better place?

 

[LV426]

It's only fair.

I'm glad that you agree that PPP recipients should have their loans reinstated WITH interest.

 

[LV426]

Agreed. ALL government loans should be forgiven. SBA loans, PPP loans, student loans. In addition, anyone who paid AMY government loan off should be reimbursed in full including interest.

This isn't going to help the people you think this is going to help.

 

[Into the Night]

It's not communism, it's capitalism.

Capitalism is not communism, Sock. Redefinition fallacy.

Spending money in the consumer market is capitalist.

Not capitalism, Sock. Fiat money is communism.

Thanks to Biden, there will be more capitalism now.

Communism is not capitalism, Sock. Neither is fascism.

Much more than Conservatives have ever been responsible for.

No one is 'responsible' for capitalism. It simply exists.

Speaking of which, can you name one thing Conservatives have done on their own that made the country an objectively better place?

RQAA. Stop mindlessly repeating an answered question over and over.

 

[Into the Night]

This isn't going to help the people you think this is going to help.

Communism only helps government.