Inclined to agree not just with these chud worms grandstanding but the cancellation in general. Dudes just trying to inflate his abysmal poll numbers which are particularly bad among young people.
Talk is cheap. If Biden wanted to cancel loans he would have done it already, he has the authority to do it with the stroke of a pen. The fact that he hasn’t means he’s ideologically opposed. Even if he did cancel some it would be super means tested or tied to something horrific like $5k for every year spent working for a defense contractor
I think suspension of payments into perpetuity is a much more likely scenario than outright cancellation, i can see loan repayments turning into something of a political third rail for a solid block of the population
The fact that he hasn’t means he’s ideologically opposed.
Ideologically opposed is certainly one way to describe the man who is literally the architect of the student loan crisis via the 2005 bankruptcy reform bill that he championed.
They still need money for reelection, this is probably the best political decision they could make, suspend it and let's the GOP undo it, the one that hurt would be the GOP. If senile Joe cancels it or whoever dumb enough to advise to cancel it, in a congress that the dem hold, It's would be one of the stupidest political moves ever. At that point, his approval rating should be worst than Trump, by a yuge amount.
Inclined to agree not just with these chud worms grandstanding but the cancellation in general. Dudes just trying to inflate his abysmal poll numbers which are particularly bad among young people.
Talk is cheap. If Biden wanted to cancel loans he would have done it already, he has the authority to do it with the stroke of a pen. The fact that he hasn’t means he’s ideologically opposed. Even if he did cancel some it would be super means tested or tied to something horrific like $5k for every year spent working for a defense contractor
I think suspension of payments into perpetuity is a much more likely scenario than outright cancellation, i can see loan repayments turning into something of a political third rail for a solid block of the population
Ideologically opposed is certainly one way to describe the man who is literally the architect of the student loan crisis via the 2005 bankruptcy reform bill that he championed.
Yeah good point I always forget about that, I tend to tie that in my mind to bush but it was a bipartisan success lol
They still need money for reelection, this is probably the best political decision they could make, suspend it and let's the GOP undo it, the one that hurt would be the GOP. If senile Joe cancels it or whoever dumb enough to advise to cancel it, in a congress that the dem hold, It's would be one of the stupidest political moves ever. At that point, his approval rating should be worst than Trump, by a yuge amount.