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

Including wars. Yes. Wars are among the least efficient forms of spending. But yes, they work as well.

 

The US government is going to spend an estimated $330 billion on this.

That just doesn't "go away"

 

It doesn't go away. It becomes a small enough portion of the economy that it is negligible. Then it's easily paid off.

 

Why not cancel 10k of credit card debt. It will just go away!

Buy everyone an electric car. It's negligible!

You can't prove that it will cost taxpayers anything!

 

So you've given up trying to support your claim then?

 

What's the difference? If the government buys me a boat, I'll be more free to stimulate the economy.

If all this is negligible and it won't raise anyone's taxes and will be awesome for everyone and gum drops and magic fairies with pixie dust will appear...all the better.

 

That's true. In fact, that could have happened if you would have applied for a ppp loan. Or if you saved your stimulus checks.

 

Proof you've lived in Los Angeles too long!

 

I honestly hate it here. But I have too good of a situation and the weather is good so I tolerate it.

Rather be in SD. Not sure about Vegas or Dallas yet....but at least I could get a house. I mean I could get a house here but the houses here suck ass.

 

I don't know about your fantasies of pixie dust and fairies with katanas, but the rest is more or less what's going on...

The stuff they spend to help people will be helpful, the stuff they spend to keep people down (by giving it to corporations) we'll have to overcome.

 

I have a lot of family in San Diego....best place in SoCal to live in my view.

 

South OC and Manhattan Beach are up there too.

 

I might be flying down there soon...roundtrip from Eugene only 223 bucks..my daughter just moved to the beach after she broke up with her boyfriend..be nice to kick it with her on the beach for a week.

 

https://theintercept.com/2022/08/25/student-loans-debt-reagan/

 

The GOP is terrified of universities.

 

Eh.... I'd say it depends on the kind of fear and hate.

Plenty of fear and hate towards the GOP on college campuses. They won't even let speakers on a lot of campuses because they disagree with their stance on certain topics. I don't particularly care for a lot of the provacateurs from the GOP, but they should at least be allowed to speak on a campus. College is about free thought and debate.

 

Check out Rapid City someday. It doesn't have LA type weather (and SD has a major whack job for a governor.....but hey, what state doesn't?) but it is a very nice small city in a very beautiful location. Though the way it seems to be growing you prolly wouldn't be able to afford a house there either.......

 

I'm a city boi

The thing I do love about LA is theres always somewhere new to go.

SD, Santa Barbara, OC, Palm Springs are easy day trips.