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Everybody thinks it's this big conspiracy without any proof. Could you ever think that maybe people tried forgiving loans because borrowers were truly screwed

Everybody thinks it's this big conspiracy without any proof. Could you ever think that maybe people tried forgiving loans because borrowers were truly screwed over? The PPP loans and the billionaire tax breaks both past the Republican filters, and were 'warp-speeded'. Suddenly you want to put the same amount of resources towards struggling students who tried to reach for a better future? Republicans will find Patsys to sue on their behalf.

tpmoney 3y ago
>Could you ever think that maybe people tried forgiving loans because borrowers were truly screwed over? It would be easier to believe if effort was put in to pass the policy via the proper legal channels. And if the government didn't keep writing these loans at higher and higher interest rates at the same time. Regardless of whether or not the borrowers are screwed over, this was clearly political maneuvering and a token gesture at "solving" the problem rather than an honest attempt.
meragrin_ 3y ago
> Could you ever think that maybe people tried forgiving loans because borrowers were truly screwed over? The businesses which where shutdown/severely limited by government weren't screwed over? Students with loans were appropriately compensated by pausing the loans. The forgiveness was not about anyone who truly were screwed over. There is no pause button for businesses. They can't just stop paying employees, distributors, utilities, etc. and expect to comeback months later and restart like nothing happened. Government did not force students to take out loans. Government forced some businesses to close. Government restricted some businesses' operations. Businesses had no choice in the matter.