The Biden administration is preparing to announce another attempt at widespread student loan forgiveness ahead of the election after the Supreme Court struck down its first.
I am against student loan repayments. A plumber should not be paying for your gender studies degree.
I dont think you know what confiscated means, taking something from someone against their will illegally is called theft, taking something from someone legally is called confiscation.
It’s not Biden’s role to determine this either, the courts have all ready told him what he’s doing is illegal.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
Confiscation is when the government permanently takes a person’s property without compensation.
You are compensated by the services those taxes provide.
It’s not Biden’s role to determine this either
No, but the fact that you think it is only speaks to your ignorance. It’s a rule of Congress, who has the job of approving tax bills and spending bills and so forth. That’s why I recommended that you contact your congressman if you’ve got a problem with how your taxes are spent. Again, your argument is based on misinformation and fallacies.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
Not only does that speak to your profound ignorance of how these bills are paid for, and you really should look into that because you obviously don’t understand this at all the— the irresponsible parties were the lenders who should not have lent this money in the first place those who couldn’t pay for it. The risk was theirs to take, not the ill-informed people they took advantage of. Once again, your ignorance of how our economy works, how our laws work, and even how the finance world works is extraordinary. No wonder your argument so terrible, lol.
I’m still waiting on the citations, by the way. Of course, if you can’t back up one word of your argument, I wouldn’t be at all surprised.
So you’ve proven you don’t know what confiscation is, twice. More than the government can confiscate, it doesn’t have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn’t change that their gold was confiscated.
There is no student loan forgiveness law or even a bill, so I don’t need to contact my congressmen. It’s just one man who is breaking the law with his edicts.
the irresponsible parties were the lenders who should not have lent this money in the first place those who couldn’t pay for it. The risk was theirs to take, not the ill-informed people they took advantage of.
The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn’t get rid of the debt. Signing things you don’t understand is irresponsible, expecting others to pay your debt is irresponsible.
Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?
I gave you the legal definition of confiscate. You whining about that doesn’t change the facts.
And I explained how the student loans would be paid back. You whining about that doesn’t change that either.
Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.
gave you the legal definition of confiscate. You whining about that doesn’t change the facts.
Except when you claimed it couldn’t be confiscation because it was legal.
And I explained how the student loans would be paid back. You whining about that doesn’t change that either.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.
You seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
Except when you claimed it couldn’t be confiscation because it was legal
That’s not what I claimed. And your continued ignorance of the difference between confiscation and taxation is not my problem to solve.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
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 seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
Seems like you’re the one with the hangup— and a real habit for blaming others for things that are clearly your own fault.
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.
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.
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.
We do. That’s why taxes should be cut and you pay your student loans.
You don’t seem to grasp, government spending drives inflation.
I’ve explained it just fine. You just whine like an entitled child that I should pay for your education that you received no value for. That makes zero sense.
Just pay your student loans.
I dont think you know what confiscated means, taking something from someone against their will illegally is called theft, taking something from someone legally is called confiscation.
It’s not Biden’s role to determine this either, the courts have all ready told him what he’s doing is illegal.
Money is not created with this move, the same amount of money will be in the economy either way, other things go unfunded to pay irresponsible people’s debts.
AKCHUALLY
You are compensated by the services those taxes provide.
No, but the fact that you think it is only speaks to your ignorance. It’s a rule of Congress, who has the job of approving tax bills and spending bills and so forth. That’s why I recommended that you contact your congressman if you’ve got a problem with how your taxes are spent. Again, your argument is based on misinformation and fallacies.
Not only does that speak to your profound ignorance of how these bills are paid for, and you really should look into that because you obviously don’t understand this at all the— the irresponsible parties were the lenders who should not have lent this money in the first place those who couldn’t pay for it. The risk was theirs to take, not the ill-informed people they took advantage of. Once again, your ignorance of how our economy works, how our laws work, and even how the finance world works is extraordinary. No wonder your argument so terrible, lol.
I’m still waiting on the citations, by the way. Of course, if you can’t back up one word of your argument, I wouldn’t be at all surprised.
So you’ve proven you don’t know what confiscation is, twice. More than the government can confiscate, it doesn’t have to be perminanent, and compensation does not factor in. A teacher can confiscate a toy from a child and give it back at the end of the day. In 1934 FDR signed the gold reserve act and all privately owned gold was confiscated, the gold owners were reimbursed but that doesn’t change that their gold was confiscated.
There is no student loan forgiveness law or even a bill, so I don’t need to contact my congressmen. It’s just one man who is breaking the law with his edicts.
The lenders were many things but irresponsible is not one of them. Student loans have to be paid back, bankruptcy doesn’t get rid of the debt. Signing things you don’t understand is irresponsible, expecting others to pay your debt is irresponsible.
Ciataions for what? The definition of confiscate? That there is not infinate money? That there is no student loan forgiveness law?
I gave you the legal definition of confiscate. You whining about that doesn’t change the facts.
And I explained how the student loans would be paid back. You whining about that doesn’t change that either.
Taxation is the subscription fee you pay for living in a society. Like Netflix, you may not like every show produced, but to have access you have to pay the subscription fee. If you don’t like the subscription fee for living in this society, then leave.
Except when you claimed it couldn’t be confiscation because it was legal.
You said the government will pay the loans… I’m not sure why you think that’s profound. You also made claims that paying student loans would help the economy but your limited grasp of the economy and understanding of finite resources has stopped you from explaining how.
You seem really hung up on taxes, my problem is not with taxes but with using them to pay people’s personal debts.
That’s not what I claimed. And your continued ignorance of the difference between confiscation and taxation is not my problem to solve.
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.
Seems like you’re the one with the hangup— and a real habit for blaming others for things that are clearly your own fault.
Why make the legal collected comment unless you thought confiscation was an illegal seizing of private property.
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.
A 6th grade level explanation from you about how taxes work is not interesting or noteworthy. Your explanation isn’t even sticker worthy.
Removed by mod
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.
We do. That’s why taxes should be cut and you pay your student loans.
You don’t seem to grasp, government spending drives inflation.
Except you haven’t been able to explain that in all of the days you’ve been trying. All you’ve done is wine and complain like a little child.
I’ve explained it just fine. You just whine like an entitled child that I should pay for your education that you received no value for. That makes zero sense. Just pay your student loans.