Comment on Biden to defy Supreme Court in second attempt at sweeping student loan handout
jimbolauski@lemm.ee 8 months agoThat’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.
gregorum@lemm.ee 8 months ago
Wrong again.
You lost this argument days ago. Give it up.
wintermute_oregon@lemm.ee 8 months ago
He didn’t lose lose anything. You just showed you don’t get economics at all. Government spending due to borrowing raises inflation. Inflation makes the poor, poorer.
Rarely have I seen anyone so wrong and take a victory lap.
gregorum@lemm.ee 8 months ago
Lmao, everything you said is wrong of course.
This is been explained to you repeatedly, how you’re wrong. Nothing you just said changes anything.
I personally find it very amusing that you still can’t let this go.
wintermute_oregon@lemm.ee 8 months ago
You haven’t explained anything. You just babble and show how little you know. You claim its numbers are inaccurate. You don’t seem to have a grasp on the topic at all and accuse everyone else of being wrong when you can’t cite anything that backs up your claim.
Take the L and stop embarrassing yourself.