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Everything posted by Chomper Higgot
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Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
A drop in the ocean. https://datalab.usaspending.gov/americas-finance-guide/spending/ -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
How is this at all relevant to the Federal Government forgiving student loans? The lender is the Federal Government, or did you miss that bit? -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
You obviously have no idea about college fees in the US. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
Like Hyperbole ?! -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
That could be said of every single Government spending program. This one helps happens to help a very large number of ordinary working Americans. That’s a very welcome step in the right direction. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
A loan is a loan, a loan forgiveness is a loan forgiveness. I’m absolutely sure there were Democrats who received forgiveness of PPP loans, but they are not engaging in the hypocrisy of bleating about others getting their loans forgiven after having accepted their own loans forgiven. It’s the shameless hypocrisy of it all. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
It would be interesting to compare your capped and heavily subsidized UK university tuition fees with those US students face, but that would be a different thread. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
Why does that matter? People who had hundreds of thousands of dollars, some millions of dollars of PPP loans forgiven are ranting against help being given to ordinary Americans who hold Federal student debts. It’s the two faced hypocrisy of it all. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
Lots of Graduates vote Republican. This program is aimed at all individuals holding Federal student who have incomes below $125,000 per annum. $125,000 per year, or $250,000 per household per year is far from ’rich’. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
How is the President Responding whataboutary, he’s pointed out the hypocrisy of his Republican critics (all part of the political discourse). He’s also not 97, but you couldn’t keep your ageist (neutrality) under cover. I’m not sure what all that nonsense about socialism was about, is it part of the topic? -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
The assumption is, those who have had $10,000 of their student debt relieved were not working hard to pay it down. That’s very obviously a broad and unfounded generalization. But yes you are correct, there are two points of view two sides to the coin. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
I think they’re more concerned with the $millions off loan forgiveness handed out to the people in the GOP making the most noise about all this. -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
How about PPP -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
In the face of fabricated and hypocritical outrage from the Republicans, the White House has responded: To the frothing or the mouth outrage of Rep. Marjorie Taylor Greene, a reminder that she had $183,504 PPP Loans forgiven. To the screaming outrage coming out of Rep. Mike Kelly, a reminder he had $987, 237 of PPP loans forgiven. And to the making far to much outraged noise for his own good Rep. Matt Gaetz, a reminder he had $482,321 of PPP loans forgiven (but no word on forgiveness for those other matters. Congressman Vern Buchanan, trying to act a bit less rabid than his comrades in receipt of forgiveness, but still ranting, he gets a reminder he had $2.3 million in PPP loans forgiven. So come on, let’s hear it for the ‘slap in the face’, ‘the seeds of destruction for the American economy’, ‘the Democrats are addicted to handouts’, ‘Debts not paid cause harm’. Utter two faced hypocrisy. And all because Biden gives some help to the lower 95% rather than handing cash (as is usual for the GOP) to the top 1%. Come on, let’s hear your outrage. https://www.newsweek.com/white-house-twitter-blasts-greene-gaetz-kelly-forgiven-ppp-loans-1737144 -
Biden cancels $10,000 in federal student loan debt for most borrowers
Chomper Higgot replied to Scott's topic in World News
Opinions differ: https://www.forbes.com/sites/zackfriedman/2022/05/04/biden-has-power-to-cancel-student-loans-for-every-federal-borrower-attorneys-general-say/?sh=685e9c1ac1a8 -
The point being made is not what has the US got to do with the UK, rather it’s an observation that Truss is proposing policies that have their roots in Regan Economics. Reduced taxation ‘trickle down economics’ does not work, never has. It does however make the rich richer, the poor poorer and destroy public services.