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Old 08-26-2022, 09:53 AM   #16
elysiantraveller
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Nice try..

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That is based on the assumption that policymakers would need to make up for the total cost of the forgiveness through tax increases, spending cuts, borrowing or a combination of those strategies.
Try again.
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Old 08-26-2022, 10:10 AM   #17
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This isn't a budgetary item.

So your comment about the purse strings doesn't matter.

Congress doesn't allocate money to student loans like they would for something else like Ukrainian aid for example.

I'm beginning to really question this group's grasp on how finance works.
So somehow this has to benefit you directly... else you would not be rubbing your hands together. And pushing BS.
Here you go right from the witches lips.

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Old 08-26-2022, 10:17 AM   #18
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Nice try..



Try again.
So if they don't do those things it gonna be a higher number passed on the Taxpayers.

You really must believe the Government makes money... no Joe's owner China owns that debt.... you think they are going to say forget about it. Hell no the taxpayers are on the hook for it.
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Old 08-26-2022, 11:46 AM   #19
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So somehow this has to benefit you directly... else you would not be rubbing your hands together. And pushing BS.
Here you go right from the witches lips.

https://youtu.be/b6HsT_TUvkU
Nope.

I never had student loans and actually wrote a check to pay off my wife's a couple of years ago.
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Old 08-26-2022, 11:47 AM   #20
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So if they don't do those things it gonna be a higher number passed on the Taxpayers.

You really must believe the Government makes money... no Joe's owner China owns that debt.... you think they are going to say forget about it. Hell no the taxpayers are on the hook for it.
Tell me you don't understand finance without telling me you don't understand finance.

Take a crack at the riddle... how does this negatively impact you.
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Old 08-26-2022, 12:04 PM   #21
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Hmmm……

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Old 08-26-2022, 01:08 PM   #22
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Hmmm……
Okay.

So how does this negatively impact you?
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Old 08-26-2022, 01:22 PM   #23
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I've paid zero attention to this story...so let me take a crack at it...lol

Who is making the lenders whole?

The one answer to this question will answer all other questions easily.
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Old 08-26-2022, 06:33 PM   #24
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I've paid zero attention to this story...so let me take a crack at it...lol

Who is making the lenders whole?

The one answer to this question will answer all other questions easily.
Technically speaking the Department of Education is the lender.
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Old 08-26-2022, 06:45 PM   #25
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Technically speaking the Department of Education is the lender.
And who funds them? You seem to think it's the Toothfairy... or a Leprechaun or some other mythical entity. Anyone but middled class Americans.
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Old 08-26-2022, 07:18 PM   #26
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Originally Posted by elysiantraveller View Post
Technically speaking the Department of Education is the lender.
And how that department funded?
Hint, rhymes with axplayers

And who approves government budgets?
Hint, not the executive branch.
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Old 08-26-2022, 07:24 PM   #27
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And how that department funded?
Hint, rhymes with axplayers

And who approves government budgets?
Hint, not the executive branch.



I used to think it was only young people and extremely stupid Democrat voters that thought everything the government provides has no cost.
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Old 08-26-2022, 07:51 PM   #28
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Originally Posted by OntheRail View Post
And who funds them? You seem to think it's the Toothfairy... or a Leprechaun or some other mythical entity. Anyone but middled class Americans.
Quote:
Originally Posted by Tom View Post
And how that department funded?
Hint, rhymes with axplayers

And who approves government budgets?
Hint, not the executive branch.
Quote:
Originally Posted by Inner Dirt View Post
I used to think it was only young people and extremely stupid Democrat voters that thought everything the government provides has no cost.
...

Holy shit...

None of you have a clue how any of this actually works...

You actually think it's taxpayer dollars?!?!

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Old 08-26-2022, 07:55 PM   #29
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Originally Posted by elysiantraveller View Post
...

Holy shit...

None of you have a clue how any of this actually works...

You actually think it's taxpayer dollars?!?!




The National Taxpayers Union Foundation also crunched some numbers. Based on a total of under 158 million taxpayers in the U.S. in 2019, the foundation says the plan would cost $2,085.59 per taxpayer.
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Old 08-26-2022, 07:58 PM   #30
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The National Taxpayers Union Foundation also crunched some numbers. Based on a total of under 158 million taxpayers in the U.S. in 2019, the foundation says the plan would cost $2,085.59 per taxpayer.
Already responded at the top of the page.

Quote:
That is based on the assumption that policymakers would need to make up for the total cost of the forgiveness through tax increases, spending cuts, borrowing or a combination of those strategies.
You seriously think they lend taxpayer dollars...

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