This simply proves that giving them this money was not necessary. Go Joe. Maybe it got dems some votes. And no one ever agreed with me that to spend it on pitiful legless veterans' mortgages would be the thing to do. Definitely the thing to do for liberals.
https://www.foxnews.com/media/amid-economic-woes-nbc-news-reports-most-student-loan-handout-recipients-spending-money-travel-dining
Sad.
@averagejoe1said This simply proves that giving them this money was not necessary. Go Joe. Maybe it got dems some votes. And no one ever agreed with me that to spend it on pitiful legless veterans' mortgages would be the thing to do. Definitely the thing to do for liberals.
https://www.foxnews.com/media/amid-economic-woes-nbc-news-reports-most-student-loan-handout-recipients-spending-money-travel-dining
Sad.
Actually, dumbass, this was one of the very arguments in favor of the student loan forgiveness program: it was projected that it would result in an infusion of money for goods and services, thereby buoying the economy, increasing tax revenue, and raising all boats.
@soothfastsaid Actually, dumbass, this was one of the very arguments in favor of the student loan forgiveness program: it was projected that it would result in an infusion of money for goods and services, thereby buoying the economy, increasing tax revenue, and raising all boats.
Jesus, you are a hopeless dolt.
AKA "The Broken Window Fallacy"
During the night a vandal smashes the window of the bakery, the people of the town stand around tsk, tsking how bad it is, then the town ijit Roughslow speaks up, it's not so bad, think of the glazier, he's going have new business repairing the window, and then there's the glass manufacturer, and all the suppliers to the glass manufacturer, they now have business they wouldn't have had, their boat is rising, and they all have money to spend raising everyone elses's boat. The town ijit Roughslow furthers his ijit economic theory."Tonight we should smash all the windows in town." Then they realise the town ijit Roughslow was the person who smashed the bakers window.
Get your head straight: Henry Hazlitt "Economics in One Lesson"
During the night a vandal smashes the window of the bakery, the people of the town stand around tsk, tsking how bad it is, then the town ijit Roughslow speaks up, it's not so bad, think of the glazier, he's going have new business repairing the window, and then there's the glass manufacturer, and all the suppliers to the glass manufacturer, t ...[text shortened]... on who smashed the bakers window.
Get your head straight: Henry Hazlitt "Economics in One Lesson"
Cute. If only it was even distantly relevant to the matter at hand.
Go back to your coloring books, and black and white crayons.
@soothfastsaid Actually, dumbass, this was one of the very arguments in favor of the student loan forgiveness program: it was projected that it would result in an infusion of money for goods and services, thereby buoying the economy, increasing tax revenue, and raising all boats.
Jesus, you are a hopeless dolt.
"People who pride themselves on their 'complexity' and deride others for their 'simplicity' should realize the truth is often not very complicated. What gets complicated is evading the truth."
Thomas Sowell
Here we see the similarity between telling a lie and making some new BS regulation, in the same way a person needs 10 new lies to cover the first lie so it is with the regs. Goobermint says there's a pandemic you should all be very afraid we're shutting down all non-essential businesses. The first reg immediately balloons to 10 regs about what is or what isn't essential, then these 10 new regs multiply like a virus to 100 new regs all making allowances and exceptions and clauses and punishments and fines, and taxes, and licenses and an army of bureaurats to oversee them and more bureaurats to oversee the first bureaurats etc etc etc etc
thanks to the state worshippers. shag doody, No1, sonhouse, roughslow et al
@soothfastsaid Cute. If only it was even distantly relevant to the matter at hand.
Go back to your coloring books, and black and white crayons.
It is exactly applicable to the *groan* 'matter at hand" *cliche*. It is meant exactly for people like you who can't see the big picture, it is exactly applicable to the way every minute goobermint squanders billions of dollars, making a big show about what they've created but ignoring the fact goobermint doesn't create anything without having to take it from somewhere else.
@wajomasaid It is exactly applicable to the *groan* 'matter at hand" *cliche*. It is meant exactly for people like you who can't see the big picture, it is exactly applicable to the way every minute goobermint squanders billions of dollars, making a big show about what they've created but ignoring the fact goobermint doesn't create anything without having to take it from somewhere else.
Your capitalist economic system and the institution of private property couldn't exist without the State.
@soothfastsaid Actually, dumbass, this was one of the very arguments in favor of the student loan forgiveness program: it was projected that it would result in an infusion of money for goods and services, thereby buoying the economy, increasing tax revenue, and raising all boats.
Jesus, you are a hopeless dolt.
If that was the real goal then why didn't they forgive all forms of debt?
Why isn't government helping me pay my credit card bill?
@soothfastsaid Actually, dumbass, this was one of the very arguments in favor of the student loan forgiveness program: it was projected that it would result in an infusion of money for goods and services, thereby buoying the economy, increasing tax revenue, and raising all boats.
Jesus, you are a hopeless dolt.
he is dumb enough to imagine they will quit their jobs and go on year long bachanalias and engage in all matter of debaucheries. Rather than what's really going to happen ie "I am taking the first vacation in 10 years because i couldn't bloody afford it until now".
He is also enough of a hypocrite that he sees no problem sticking his nose into other people's business of how they spend their money after complaining about the government doing the same to him.
He has many layers of awful, he is not just one kind. An awful layerd crap cake.
During the night a vandal smashes the window of the bakery, the people of the town stand around tsk, tsking how bad it is, then the town ijit Roughslow speaks up, it's not so bad, think of the glazier, he's going have new business repairing the window, and then there's the glass manufacturer, and all the suppliers to the glass manufacturer, t ...[text shortened]... on who smashed the bakers window.
Get your head straight: Henry Hazlitt "Economics in One Lesson"
A book on economics by a guy who wasn't an economist and, in fact, only briefly attended college.
Impressive.
It's too bad that the student loan program wasn't in effect when Hazlitt was young; he might have been able to afford to get an education and probably wouldn't have adopted such crackpot ideas.
@metal-brainsaid If that was the real goal then why didn't they forgive all forms of debt?
Why isn't government helping me pay my credit card bill?
Student loan debt is owed to the government not to any private businesses. In this case, student loan foregiveness is like a targeted middle class tax cut.
@wajomasaid It is exactly applicable to the *groan* 'matter at hand" *cliche*. It is meant exactly for people like you who can't see the big picture, it is exactly applicable to the way every minute goobermint squanders billions of dollars, making a big show about what they've created but ignoring the fact goobermint doesn't create anything without having to take it from somewhere else.
Hilariously in this case the government is foregoing taking money from private citizens yet you are so ignorant that you think this is some expansion of government power.
@no1maraudersaid Student loan debt is owed to the government not to any private businesses. In this case, student loan foregiveness is like a targeted middle class tax cut.
Why does that matter?
Credit card forgiveness is like a targeted lower and middle class tax cut.
Why is the middle class always more important than the lower class?
Nobody seems to care about the lower class. Why is that?
@metal-brainsaid Why does that matter?
Credit card forgiveness is like a targeted lower and middle class tax cut.
Why is the middle class always more important than the lower class?
Nobody seems to care about the lower class. Why is that?
It matters because it has no effect on private creditors; forgiving everyone's credit card debt would bankrupt those companies.
73% of tuition recipients will spend to travel and dine
10 Nov '22 22:381 edit
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