OT Biden's Education Department will immediately wipe out out student loan debt for 40,000 borrowers

Very true, PPP was way more. This one is hardly a blimp on the deficit.
I still am in favor of these institutions paying for some as the tuitions they charge and increases they take at will is almost of rip off category.

 

I'm sorry. What I mean is, show me the line item for WW2, the Gulf War, the Bank Bailout, etc.

I'm sure we know how much they were by now, right? How much did you have to pay for them?

 

https://online.norwich.edu/academic...asted fewer than,gross domestic product (GDP).

 

So how much did you pay again? Because I haven't paid anything.

 

No clue. It's through our taxes, inflation or reduction of services from the government. Things cost money.

 

We've had record low inflation for 40 years... Things are stupid cheap. Cheaper than its ever been. The government has more than enough money to offer all services to Americans, in fact, we spend more by NOT offering services.

These are made up problems. There is no evidence of any of your claims.

All of that spending resulted in the absolute most prosperous time in our country's history. The most prosperous time in world history.

 

War = good?

 

Were the stimmys good or bad for the economy?

 

Giving our people money = good

 

Why are you trying to change the subject? Stimulus was obviously fantastic for the economy, especially compared to the alternative (even if it was done in a piss poor manor).

I'm still looking for how much that spending cost an individual taxpayer. But that evidence doesn't exist. Because as inflation happens the country grows out of the debt.

That's the benefit of being the world's reserve currency, as well as the most stable currency, as well as the best geographic place in the world with all of the resources we need to support ourselves.

The dollar is the safest investment in the world. And that's not going to change in our lifetimes. In fact the dollar is going to be far more desirable from now on. So people will keep investing in the dollar.

There will be inflation due to ending globalism, but we'll have so much demand for labor that wages should keep up (unless we allow our leaders to give that money to corporations).

 

You're giving a select number of people money, paid for by everyone else.

 

I guess we will just have to disagree on this.

 

https://budgetmodel.wharton.upenn.edu/issues/2022/8/23/forgiving-student-loans

 

Lol, no. Taxes are not being raised to pay for this. Nice try though. This will be added to the defacit and the debt.

Which our economy will grow out of. Nobody's taxes are going up due to this spending.

 

Yeah until you come up with any evidence of taxes increasing because of these increases in spending. For sure, I'll disagree with your unfounded claims.

 

This doesn't say anything about taxes increasing or reducing services.

That's a myth created and spread by Republicans.

 

Someone's gotta pay for it. It's not just going to magically go away.

 

That doesn't support your claim. Just dividing the total by tax rates is just lying. Nobody's tax rates are increasing due to this legislation. Or any other of the other spending.

In fact, taxes went down after the other spending..

 

Other spending, you mean wars?

 

You keep saying that, yet you're unable to show any evidence to support it.

Yes, it basically goes away. It becomes worth so little that it's the same as gone. The economy outgrows it.