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GB_RN

(3,267 posts)

25. This Is A DUMBASS Worry...

Tue Aug 23, 2022, 04:32 PM

Aug 2022

As someone who's got student debt, that's money I could be putting into retirement and my kid's college tuition.

Never mind that the majority of student loan holders are minorities who took on the debt to try and improve their lives (because us white people made college unaffordable and basically wiped out Pell Grants, pushing loans as the way to go, starting back in the 1990s). The gods forbid that poor people get a leg up...

Jesus...🤦?♂️

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59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds [View all] Polybius Aug 2022 OP

More evidence that the GQP plan to destroy our education system relayerbob Aug 2022 #1

$1.7 Billion is a rounding error in the national budget. 33taw Aug 2022 #2

It's a Trillion, not billion Lochloosa Aug 2022 #4

Sorry, I misread. 33taw Aug 2022 #17

Boogeyman inflation... JT45242 Aug 2022 #3

It is getting pretty tiring, no? sybylla Aug 2022 #14

How about focus on meeting consumer's demands for the products Anon-C Aug 2022 #5

59% of Americans that don't have a clue how this will impact it. LiberalFighter Aug 2022 #6

It's more like 95% of Americans do not understand economics. Probatim Aug 2022 #7

I'll Up That To 98% ProfessorGAC Aug 2022 #28

Look at me being optimistic! Probatim Aug 2022 #35

More. paleotn Aug 2022 #30

Yeah, because with $10K less in debt, young people are going to go on some big spending spree? viva la Aug 2022 #8

Please do tell us how, since it actually will make the person receiving it have a bit more buying Historic NY Aug 2022 #9

I got mine dressed up as "concern" BeyondGeography Aug 2022 #10

Of course CNBC will say that shit Warpy Aug 2022 #11

Well, as an economist (Macro and Micro), I find this rather far-fetched, that inflation would be ... SWBTATTReg Aug 2022 #12

A 10k consumer subsidy with 3.5% unemployment and supply shortages won't contribute to inflation? mathematic Aug 2022 #21

Demand pressures Johnny2X2X Aug 2022 #23

Common sense IMHO, and I am not quoting economic theory to you of all people. I am entitled SWBTATTReg Aug 2022 #26

In other words, "HEY--we don't want those 'woke elitists' to get anything we don't get!" slumcamper Aug 2022 #13

Gee who drove them bonkers on this non-issue? GreenWave Aug 2022 #15

YES durablend Aug 2022 #16

"Inflation" The peasants have too much money. dogknob Aug 2022 #18

Well it will definitely eat up some of the deficit savings we were supposed to get. oldsoftie Aug 2022 #19

But more TAX CUTS for the rich are just fine NEOBuckeye Aug 2022 #20

Oh yeah. Those folks will have more money to buy better food and housing. NCjack Aug 2022 #22

Somebody has an agenda... kirby Aug 2022 #24

This Is A DUMBASS Worry... GB_RN Aug 2022 #25

What is causing inflation today nowforever Aug 2022 #27

Many Amurkins do well to tie their own shoes. paleotn Aug 2022 #29

I still think the most palatable way is to just eliminate interest and apply interest paid to the LT Barclay Aug 2022 #31

Because people are stupid... They have been paused already JCMach1 Aug 2022 #32

I've seen stupid before on matters of the economy but this is outright dumbass chickenshit. Ford_Prefect Aug 2022 #33

Most Americans don't understand economics except for supply and demand. AZLD4Candidate Aug 2022 #34

Who'd they poll? BradAllison Aug 2022 #36

I'm sick of polls as news, especially when 99% of people aren't qualified to answer the question elias7 Aug 2022 #37

After a review by forum hosts....LOCKING Omaha Steve Aug 2022 #38