• Re: Biden's Plan To Dump Student Loan Debt Onto Taxpayers Is Blatant Vo

    From Fred J McCall@21:1/5 to governor.swill@gmail.com on Fri Sep 2 01:05:16 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, free.giggling.hyena.kamala.harris

    In article <t2al82$3g466$233@news.freedyn.de>
    governor.swill@gmail.com wrote:

    Every day Biden does stupider things.
    The only thing stupider is Kamala.


    Less than three months before the midterm elections, President
    Joe Biden is expected to announce plans to “forgive” up to
    $10,000 in student loan debt for Americans who earn less than
    $125,000 a year by burdening taxpayers with that debt and
    freezing loan payments for about four more moths — long enough
    to last through the November midterms.

    It’s an illegal move that will likely exacerbate inflation, but
    with help from the corporate media spin machine, it could give
    Democrats, desperate to gain some ground with voters who say the
    nation is heading in the wrong direction, a small boost.

    Biden had plenty of opportunities to dump the debt of the rich
    on poorer taxpayers over the last year and a half, but he
    refused. Why? Because he wanted to save it as a last-ditch
    effort to bait Americans over to the left side of the political
    aisle in a key election that will determine whether Democrats
    keep control of the House and Senate.

    Instead of giving in to pressure from activists and Democrats
    such as Senate Majority Leader Chuck Schumer, Sen. Elizabeth
    Warren, and Rep. Ayanna Pressley, who begged him to relieve up
    to $50,000 of college bills per borrower as early as February
    2021, Biden waited for the prime political moment to touch the
    $300-$980 billion pile of qualifying student debt.

    What would make Democrats on the campaign trail more willing to
    close the distance they’ve created between themselves and the
    catastrophic Biden administration? Perhaps the ability to tout
    Biden’s misnamed “student loan forgiveness” as a part of the
    Democrat platform.

    Of course, shoving the dues of millions of Americans onto
    taxpayers and delaying other loan payments isn’t popular with
    everyone. Biden’s decision to relocate debt will likely anger
    millions of voters who did, as one Iowa father explained to
    Warren in 2020, “the right thing” by paying off their student
    loans. Despite their hard work, delayed vacations, and strict
    budgeting, those Americans will not be rewarded anything except
    more financial strain. Biden’s plan will also likely vex the
    millions of Americans who had the financial foresight to choose
    a more affordable path to a career.

    Yet Biden’s approval rating is so bad that he’s apparently OK
    with frustrating a large part of the country to cater to heavily-
    indebted Democrat voters and government employees who have
    propped up his presidency despite its laundry list of crises and
    flaws. Surveys suggest that approximately 1 in 5 Democrats
    wouldn’t vote for Biden if he didn’t do something about student
    loan debt. That’s not something Biden or his cronies in Congress
    are willing to risk in November.

    https://thefederalist.com/2022/08/24/bidens-plan-to-dump-student- loan-debt-onto-taxpayers-is-blatant-vote-buying/

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  • From governor.swill@gmail.com@21:1/5 to fjmccall@gmail.com on Thu Sep 1 22:21:43 2022
    XPost: talk.politics.guns, alt.fan.rush-limbaugh, free.giggling.hyena.kamala.harris

    On Fri, 2 Sep 2022 01:05:16 +0200 (CEST), Fred J McCall
    <fjmccall@gmail.com> wrote:

    In article <t2al82$3g466$233@news.freedyn.de>
    governor.swill@gmail.com wrote:

    Every day Biden does stupider things.
    The only thing stupider is Kamala.

    You misspelled "Donald Trump". hth

    Less than three months before the midterm elections, President
    Joe Biden is expected to announce plans to “forgive” up to
    $10,000 in student loan debt for Americans who earn less than
    $125,000 a year by burdening taxpayers with that debt and
    freezing loan payments for about four more moths — long enough
    to last through the November midterms.

    It’s an illegal move that will likely exacerbate inflation,

    it's quite legal and was already passed as part of the HEROES act. It
    will cost less than half what PPP cost and most of the PPP money was
    wasted by small businesses who "leaked" it away from workers to other
    purposes. https://www.stlouisfed.org/publications/regional-economist/2022/jul/was-paycheck-protection-program-effective

    but
    with help from the corporate media spin machine, it could give
    Democrats, desperate to gain some ground with voters who say the
    nation is heading in the wrong direction, a small boost.

    Biden had plenty of opportunities to dump the debt of the rich
    on poorer taxpayers over the last year and a half, but he
    refused.

    Lol! You got it bass ackwards. It's the poor carrying the debt. The
    rich aren't having any debt issues.

    Why? Because he wanted to save it as a last-ditch
    effort to bait Americans over to the left side of the political
    aisle in a key election that will determine whether Democrats
    keep control of the House and Senate.

    You would be whining about it no matter the timing.

    Instead of giving in to pressure from activists and Democrats
    such as Senate Majority Leader Chuck Schumer, Sen. Elizabeth
    Warren, and Rep. Ayanna Pressley, who begged him to relieve up
    to $50,000 of college bills per borrower as early as February
    2021, Biden waited for the prime political moment to touch the
    $300-$980 billion pile of qualifying student debt.

    It appears Biden correctly realized that the hard left of his party
    was expecting too much and he pared back their demands significantly.

    What would make Democrats on the campaign trail more willing to
    close the distance they’ve created between themselves and the
    catastrophic Biden administration?

    Hardly catastrophic. He's made significant cuts to the deficit,
    neutralized most of the worst of Trump's EOs and passed more
    legislation supporting working persons than I would have expected.

    Perhaps the ability to tout
    Biden’s misnamed “student loan forgiveness” as a part of the
    Democrat platform.

    Of course, shoving the dues of millions of Americans onto
    taxpayers and delaying other loan payments isn’t popular with
    everyone.

    What we should be doing is lowering the cost of higher education to
    start with.

    Biden’s decision to relocate debt will likely anger
    millions of voters who did, as one Iowa father explained to
    Warren in 2020, “the right thing” by paying off their student
    loans. Despite their hard work, delayed vacations, and strict
    budgeting, those Americans will not be rewarded anything except
    more financial strain. Biden’s plan will also likely vex the
    millions of Americans who had the financial foresight to choose
    a more affordable path to a career.

    I don't think the Dems care what Rep voters think. They know they
    won't get those votes no matter what.

    Yet Biden’s approval rating is so bad that he’s apparently OK
    with frustrating a large part of the country to cater to heavily-
    indebted Democrat voters and government employees who have
    propped up his presidency despite its laundry list of crises and
    flaws. Surveys suggest

    "Surveys suggest?"

    that approximately 1 in 5 Democrats
    wouldn’t vote for Biden if he didn’t do something about student
    loan debt.

    Hmm . . . that claim smells like a hot barn.

    That’s not something Biden or his cronies in Congress
    are willing to risk in November.

    https://thefederalist.com/2022/08/24/bidens-plan-to-dump-student- >loan-debt-onto-taxpayers-is-blatant-vote-buying/

    When did keeping your promises to your constituents become vote
    buying?

    Swill
    --
    Lock him up!

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