2 minutes ago, VanHammersly said:

  Modern Republicans aren't even remotely conservative.

Agree that they have not been and it's infuriating. 

That being said, it is literally impossible for any president not to spend more than the last based on the mandatory federal spending required for Social Security, Medicare & Medicaid alone.  Let us never forget which party gifted us those three programs. 

Just now, The Norseman said:

Agree that they have not been and it's infuriating. 

That being said, it is literally impossible for any president not to spend more than the last based on the mandatory federal spending required for Social Security, Medicare & Medicaid alone.  Let us never forget which party gifted us those three programs. 

Good, then I'm sure Republicans won't complain about Biden's spending. 

Just now, VanHammersly said:

Good, then I'm sure Republicans won't complain about Biden's spending. 

Naah, paying off student loans with federal money is a great idea when trying to overcome the worst inflation in 40 years.  

Just now, The Norseman said:

Naah, paying off student loans with federal money is a great idea when trying to overcome the worst inflation in 40 years.  

No one's payed student loans in 2 and a half years.  It's literally a net-zero as far as what's been coming into the government coffers as inflation has grown.

How do you call the president a liar without calling him a liar.

Washington Post White House reporter Matt Viser admitted that President Joe Biden will "stretch the available facts" about his background and career, but he let them slide because it's part of the president’s skill of connecting with (dumb***) voters.

 

 

LET'S GO!!! 

 

what a f'n chad!       

Biden said that Hurricane Ian "ended” the debate on climate change.

🤣🤣🤣

On whether climate change is happening? There really shouldn't be any debate. That's empirical fact. What to do about it is another story. What can be done about it with China and India polluting the earth more than anyone else is yet another story.

1 hour ago, mr_hunt said:

 

 

LET'S GO!!! 

Tell that to OPEC.

43 minutes ago, GreenReaper said:

Tell that to OPEC.

Or Russia, N Korea, balance, Alzheimer's,........

 

bidens connecting with real people while desatan stands there awkwardly like a dork. 

As Biden concluded recent remarks, he appeared to subtly snipe at the assembled press as they shouted questions at him.

"[You're] among the only press in the world that does this," Biden was heard saying quietly.

13 hours ago, VanHammersly said:

No one's payed student loans in 2 and a half years.  It's literally a net-zero as far as what's been coming into the government coffers as inflation has grown.

We're printing money to pay the bills. That's the problem. 

2 hours ago, JohnSnowsHair said:

We're printing money to pay the bills. That's the problem. 

 

Yeah, but $40 bn a year is a drop in the bucket. If we're really concerned about the debt, we really should be looking at other programs as the main culprits of the deficit. At least educating our society has guaranteed ROI and increasing the take-home pay of the average American helps fuel the economy.

1 hour ago, EaglesRocker97 said:

 

Yeah, but $40 bn a year is a drop in the bucket. If we're really concerned about the debt, we really should be looking at other programs as the main culprits of the deficit. At least educating our society has guaranteed ROI and increasing the take-home pay of the average American helps fuel the economy.

Maybe so but politically the optics are bad and economically it's compounding bad decisions that have been being made in Washington regarding the debt/deficit for 20+ years. 

Every time one party gets in it says "we need to get ours because the other team got theirs last time!" and I has to stop sometime.

Not to mention this presidenting by EO. I'd not be surprised at all if Biden knew it was gonna get shot down but at least then he can say to these debtors "look Jack, I tried."

If limited student loan forgiveness passed in a deficit neutral bill through Congress I'd have more reserved judgement. But it's a bad EO.

6 minutes ago, JohnSnowsHair said:

If limited student loan forgiveness passed in a deficit neutral bill through Congress I'd have more reserved judgement. But it's a bad EO.

 

I always said that this should be done through legislation and not EO, as I doubt it will stand up to legal challenges, but at the end of the day, the shoe is on the other foot now, and I find it ironically hilarious that he used the same tactic for this EO that trump did to steal defense funds for his wall. Ultimately, what I was saying in that post was just a direct response to the "printing money" argument. We print money for everything, and a modicum of student debt forgiveness ought to be pretty far down the list of things to be concerned about over which we're "mortgaging the future."

As far as the optics go, the obvious calculation here is that forgiving some, but not all, student debt will play well enough with the base while not upsetting the applecart too much with moderates and potentially evading censure by the courts. We'll see how that plays out, but Biden was absolutely taking heat from his left flank over not making good on a campaign "promise" for debt forgiveness.

4 hours ago, JohnSnowsHair said:

We're printing money to pay the bills. That's the problem. 

But this doesn't contribute in the least to the driving force behind inflation: people having too much money in their pockets.  Because no one was paying their loans as is, so loan forgiveness literally has no effect whatsoever, though that all changes once they start having to actually repay the rest of their loans in a couple of months.

14 minutes ago, VanHammersly said:

But this doesn't contribute in the least to the driving force behind inflation: people having too much money in their pockets.  Because no one was paying their loans as is, so loan forgiveness literally has no effect whatsoever, though that all changes once they start having to actually repay the rest of their loans in a couple of months.

 

Right, those dollars are getting printed anyway, as long as they keep kicking the can down the road on resuming payments.

2 hours ago, EaglesRocker97 said:

 

Yeah, but $40 bn a year is a drop in the bucket. If we're really concerned about the debt, we really should be looking at other programs as the main culprits of the deficit. At least educating our society has guaranteed ROI and increasing the take-home pay of the average American helps fuel the economy.

STOP IT. The ROI on college for most people is terrible.

27 minutes ago, VanHammersly said:

But this doesn't contribute in the least to the driving force behind inflation: people having too much money in their pockets.  Because no one was paying their loans as is, so loan forgiveness literally has no effect whatsoever, though that all changes once they start having to actually repay the rest of their loans in a couple of months.

It exacerbates the problem, particularly the cost of college. Giving away free money to spur demand when there is limited supply...the consequence is obvious.

1 hour ago, EaglesRocker97 said:

 

I always said that this should be done through legislation and not EO, as I doubt it will stand up to legal challenges, but at the end of the day, the shoe is on the other foot now, and I find it ironically hilarious that he used the same tactic for this EO that trump did to steal defense funds for his wall. Ultimately, what I was saying in that post was just a direct response to the "printing money" argument. We print money for everything, and a modicum of student debt forgiveness ought to be pretty far down the list of things to be concerned about over which we're "mortgaging the future."

Spot on. Trump set precedent with his wall stunt. 

2 minutes ago, Gannan said:

Spot on. Trump set precedent with his wall stunt. 

Eh...the abusive use of EOs pre-dates Trump. I agree he took it to another level, but Obama took it further than Bush, who took it further than Clinton, etc.