Comment on Biden to defy Supreme Court in second attempt at sweeping student loan handout

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jimbolauski@lemm.ee ⁨6⁩ ⁨months⁩ ago

That’s not what I claimed. And your continued ignorance of the difference between confiscation and taxation is not my problem to solve.

The money was not confiscated. It was legally collected.

Why make the legal collected comment unless you thought confiscation was an illegal seizing of private property.

It’s funny how you claim I am the one with a limited grasp of the economy when you’re the one who doesn’t understand how consumer spending stimulates the economy.

You can only see half the equation. You have to think where the money came from. If taxes are raised the money was taken from people that earned it and were going to spend it and given to pay debts of other people who now have extra money to spend. That’s not a net positive for the economy. If the money was taken from another government program then it’s the same issue you rob Peter to pay Paul. If the plan is to increase spending then you are creating inflation which hurts the economy, none of those methods is a net positive for the economy.

Seems like you’re the one with the hangup— and a real habit for blaming others for things that are clearly your own fault.

A 6th grade level explanation from you about how taxes work is not interesting or noteworthy. Your explanation isn’t even sticker worthy.

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