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In reply to the discussion: 59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds [View all]Ford_Prefect
(8,235 posts)33. I've seen stupid before on matters of the economy but this is outright dumbass chickenshit.
Giving banks and other large profiteers breaks on their corporate taxes and other financial benefits to the tune of billions of dollars is OK as long as its the GOP is doing it. Let a Democrat suggest that the national budget can stand a bit of targeted spending to help middle class folks get a break and the press howls about inflation.
It reminds me of the double standards applied in the infamous Production Code of Hollywood from the mid-30's to the late 60's.
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59% of Americans worry student loan forgiveness will make inflation worse, CNBC survey finds [View all]
Polybius
Aug 2022
OP
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
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
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
Well it will definitely eat up some of the deficit savings we were supposed to get.
oldsoftie
Aug 2022
#19
I still think the most palatable way is to just eliminate interest and apply interest paid to the
LT Barclay
Aug 2022
#31
I've seen stupid before on matters of the economy but this is outright dumbass chickenshit.
Ford_Prefect
Aug 2022
#33