One weird trick for making debt relief go down easy!

It seems like those are both government handouts. One is a handout to employees and the other is a handout to employers. If anyone thinks one is good and the other is bad, it seems inconsistent to me.

Human rational thought is like a finding a unicorn and it's unrelated to politics. Humans are a virus of stupidity

How do you “process” this scenario? Two kids finish high school. Kid A begins working a full-time job (insert any job you’d like). Kid B goes off to college. Along comes the gov’t which confiscates some of Kid A’s money to pay for Kid B’s debt. That sounds legit to you? Are you capable of putting yourself into Kid A’s shoes?

That's overly simplistic.

Kid A (and Kid B, both being taxpayers) are *also* paying federal taxes that go toward Medicare, Social Security, corporate subsidies and tax breaks, necessary military spending, wasteful military spending, some dud programs, some potentially worthy programs, and every other kind of government expenditure.

Debt forgiveness isn't some newfangled thing, it goes all the way back to the Code of Hammurabi.

https://slate.com/business/2022/08/student-loan-forgiveness-long-history-debt.html

It is a policy that, for once, places young people's interests front and center. That's why Biden's debt forgiveness carries 85% support among Americans under 35, regardless of whether or not they went to college.

Rampant inflation in higher education spending ought to be addressed in a systematic way, but this is a policy of necessary relief that can be implemented *now* while we wait for Congress to get off its ass and figure it out.

By the way, that's not to say we shouldn't *also* be forgiving other kinds of debt, like medical debt. The way our health care system shoves families into bankruptcy is shameful, and there's no reason we can't figure this out like other countries have (see chart).

Maybe kid A would have also gone to college, given some debt forgiveness, and ended up with higher lifetime income as a result, AND both kids would have then also paid a greater number of tax dollars with their higher incomes, and EVERYBODY WINS.

Are you upset that governemnt gives your taxes to private corperations?? No? then your full of it