Because the GOP loves watching people suffer while their precious corporations gain constant free handouts. It’s actually quite funny and highlights why they shouldn’t be in control of anything, in my opinion. They say “The plumber shouldn’t pay for your loan bailout” because it’s Biden, but hooooo boy whenever Trump performed any bailout for those corps and farms when he was president, even at the expense of taxpayers, these same people were all for supporting it, because apparantly its ok for taxpayers to pay for a companies blunt failure, but it wasn’t ok to pay for your student relief. Classic
Comment on Biden to defy Supreme Court in second attempt at sweeping student loan handout
ChonkyOwlbear@lemmy.world 5 months ago
Biden is doing what the government is supposed to do. Promoting the general welfare. Massive student debt is dragging down the economy. People with degrees pay for training plumbers so why shouldn’t it work the other way ?
p5yk0t1km1r4ge@lemmy.world 5 months ago
wintermute_oregon@lemm.ee 5 months ago
How about you pay for your student loans and I pay for mine? I’ve have a spending problem in this country. We can’t spend our way out of debt.
gregorum@lemm.ee 5 months ago
Then why are conservatives so ardent about spending on tax cuts for the rich if they’re so concerned about debt?
And why does the concern about debt only come up when spending on people other than the rich, who don’t pay their fair share of taxes in the first place?
jimbolauski@lemm.ee 5 months ago
The government should be better stewards of the money they’ve confiscated from their citizens.
While the loan companies took advantage of students by charging high interest rates on loans that must be paid back. It’s not the government’s job to reward the loan companies by paying the loans or the students who accepted those terms.
gregorum@lemm.ee 5 months ago
The money was not confiscated. It was legally collected. If you don’t like that, contact her congressperson and vote in November. That is your recourse.
And while, yes, those loan companies should be paid back, it is not your role, alone, to determine what the government’s job is. It’s all of us together, who say that. And you get as much of a vote as anyone else. That’s democracy.
The thing is, that it benefits all of us as a society to forgive that debt, so that those people are free to spend money on products and services and pay their taxes. That benefits, the economy, which helps everybody. But here you are, selfishly only thinking of yourself. In doing so, you ignore the benefits you would receive, if the student loan was forgiven for these other people. For some reason, you foolishly think that helping these other people hurt you in someway. It doesn’t.
intensely_human@lemm.ee 5 months ago
I upvoted your comment until I read your last sentence. Next time try skipping that part.
gregorum@lemm.ee 5 months ago
Congratulations on almost contributing to the conversation
wintermute_oregon@lemm.ee 5 months ago
Considering the rich pay the most taxes. Why shouldn’t they get a cut?
The rich do pay their fair share as I’ve cited many times. I talk about spending cuts all the time.
gregorum@lemm.ee 5 months ago
Not only do the rich, not fathom as taxes, they definitely shouldn’t get a tax cut because they clearly benefit the most from the system and allowing them to earn the most.
And you certainly haven’t cited anything with regards to your claims with me.
Bob_Robertson_IX@lemmy.world 5 months ago
I borrowed $40k for my education. Over 20 years I repaid $75k. Had the repayment plan Biden tried to do in 2021 not been shot down by the Supreme Court, I would have had $20k knocked off my balance, which means I would have still repaid a lot more than I had borrowed.
Why should the government be making money by charging interest on student loans? Plumbers wouldn’t have paid for the repayment, instead it would have been my interest payments paying for it. And the plumber would still be getting an extra $15k out of me in excessive payments that I’ve had to make.
wintermute_oregon@lemm.ee 5 months ago
I agree. The government shouldn’t be issuing student loans. Private banks can handle that function and allow people to BK on them.
Anticorp@lemmy.world 5 months ago
How TF did $40k turn into $75k?
Djtecha@lemm.ee 5 months ago
How about you pay for your kid and stock getting that tax credit? How about we stop subsidizing your gas to get to the job? You have a really dumb argument against helping people.
wintermute_oregon@lemm.ee 5 months ago
I pay for my kid.
I’m fine end gas subsidizes. I say we should end them all the time. Gas will double in price and it will be a Minor issue to me
My argument is logical. The law doesn’t allow it. It that’s simple.
Djtecha@lemm.ee 5 months ago
So we should remove all tax credits then? That’s what you’re saying? Another quick question, did you take money during covid? Did your business?
ChonkyOwlbear@lemmy.world 5 months ago
Society needs doctors, teachers, engineers, and other jobs requiring degrees. We all benefit from their education. Why shouldn’t you pay for something you benefit from?
And yes, we can spend our way out of debt by investing in things that return more money than they cost us, like hiring more IRS agents to enforce existing tax laws or getting people better educational so they pay more in taxes from their higher paying jobs.
wintermute_oregon@lemm.ee 5 months ago
I paid for my own medical school. Why shouldn’t everyone else?
Zeppo@sh.itjust.works 5 months ago
Jesus Christ, if that’s true, I hope your medical deduction and reasoning is a hell of a lot better than what you exhibit here.
ChonkyOwlbear@lemmy.world 5 months ago
Because the country desperately needs more doctors and paying for their education is a huge incentive for people to go into the field. Not everyone is fortunate enough to be able to afford to go to school for 8-10 years. Lack of ability should be the only thing barring a prospective doctor, not the fact that they don’t have a family wealthy enough to support them through their education.