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Biden has successfully moved the 10k in student debt from the people who received an education and moved it to the general population at large. A review of thi
by OrangeMonkey 4y ago
Biden has successfully moved the 10k in student debt from the people who received an education and moved it to the general population at large.
A review of this appears to state that it will by far benefit the mid-level income/high-income (up to 125k/250k) earners the most.
This puts the burden of this on low income earners and introduces additional income during a time of historic price inflation.
I have no idea what I can say.
- codefreeordie 4y agoConsider the party affiliation of the people who receive the money and the people who will be paying for it, and all will become clear.
- IceMetalPunk 4y ago> Biden has successfully moved the 10k in student debt from the people who received an education and moved it to the general population at large. $10,000 / 10,000 people is only $1 per person. That illustrates the benefits of shifting costs to "the population at large" from the "individual alone".
- deleted 4y ago[deleted]
- sgerenser 4y agoIf everyone in the US gave me $1, I’d be a multimillionaire, while all you guys would only be out a dollar! Who wants to go first?
- IceMetalPunk 4y agoAre you spending that money on (a) food or medical treatments to survive, (b) mortgage/rent, or (c) an education to improve yourself and the society we share? If so, then sure, I'll go first, if you can prove that's what you're using it on. In fact, I spend far more than $1 a year doing exactly that. It's called donating to charity.