CNN reports that Biden plans to forgive $5.8 billion in student debt for nearly 78,000 borrowers who paid monthly for at least 10 years. So far, total of $144 billion forgiven for 4 million borrowers. Polls show forgiving student debt is widely popular. Also it is good for US economy.
@thirdperson
good
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
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Quote Originally Posted by thirdperson:
CNN reports that Biden plans to forgive $5.8 billion in student debt for nearly 78,000 borrowers who paid monthly for at least 10 years. So far, total of $144 billion forgiven for 4 million borrowers. Polls show forgiving student debt is widely popular. Also it is good for US economy.
It has been said that loan forgiveness in one model states that it will cost taxpayers – the people who funded all these student loans whether they liked it or not – an estimated $260 billion. $50,000 per borrower with no cap would cost taxpayers around $1 trillion. And forgiving the whole amount would cost taxpayers more than $1.6 trillion.
Even worse is what forgiving student debt does to price inflation. Numerous studies I have seen have shown huge percentage increases. It is said, in one article, that much research has shown that aid fuels college price inflation, including a Federal Reserve Bank of New York finding that for every 1 dollar increase in “subsidized” student loans, colleges raise their prices 60 cents. Mass cancellation would incentivize much greater inflation as neither colleges nor prospective students would believe future loans would have to be repaid, blowing the lid off of prices.
COVERS allows u to tell someone they are sexually frustrated so long as ur hands are clean
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It has been said that loan forgiveness in one model states that it will cost taxpayers – the people who funded all these student loans whether they liked it or not – an estimated $260 billion. $50,000 per borrower with no cap would cost taxpayers around $1 trillion. And forgiving the whole amount would cost taxpayers more than $1.6 trillion.
Even worse is what forgiving student debt does to price inflation. Numerous studies I have seen have shown huge percentage increases. It is said, in one article, that much research has shown that aid fuels college price inflation, including a Federal Reserve Bank of New York finding that for every 1 dollar increase in “subsidized” student loans, colleges raise their prices 60 cents. Mass cancellation would incentivize much greater inflation as neither colleges nor prospective students would believe future loans would have to be repaid, blowing the lid off of prices.
CNN reports that Biden plans to forgive $5.8 billion in student debt for nearly 78,000 borrowers who paid monthly for at least 10 years. So far, total of $144 billion forgiven for 4 million borrowers. Polls show forgiving student debt is widely popular. Also it is good for US economy.
President Biden!
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Quote Originally Posted by thirdperson:
CNN reports that Biden plans to forgive $5.8 billion in student debt for nearly 78,000 borrowers who paid monthly for at least 10 years. So far, total of $144 billion forgiven for 4 million borrowers. Polls show forgiving student debt is widely popular. Also it is good for US economy.
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy.
The grant is the largest award to be made from the bipartisanCHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors.
Joe Biden
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Biden helps semiconductor manufacturing!
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy.
The grant is the largest award to be made from the bipartisanCHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors.
“We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said.
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“We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said.
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy.
The grant is the largest award to be made from the bipartisanCHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors.
“We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said.
Biden added that Intel’s new projects are expected to create 30,000 jobs nationwide in construction and manufacturing.
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Quote Originally Posted by fubah2:
Biden helps semiconductor manufacturing!
POLITICO - President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy.
The grant is the largest award to be made from the bipartisanCHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors.
“We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said.
Biden added that Intel’s new projects are expected to create 30,000 jobs nationwide in construction and manufacturing.
Quote Originally Posted by fubah2: Biden helps semiconductor manufacturing! POLITICO -President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy. The grant is the largest award to be made from the bipartisan CHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors. “We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said. Biden added that Intel’s new projects are expected to create 30,000 jobs nationwide in construction and manufacturing.
The job creation on that scale remains to be seen. Could be optimistic embellishment somewhat but the boost to our semiconductor industry is huge and badly needed.
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Quote Originally Posted by fubah2:
Quote Originally Posted by fubah2: Biden helps semiconductor manufacturing! POLITICO -President Joe Biden traveled to Arizona to announce that chipmaking giant Intel would be getting billions of dollars as part of his landmark industrial policy. The grant is the largest award to be made from the bipartisan CHIPS and Science Act of 2022, which directed $39 billion in subsidies to boost U.S. competitiveness in semiconductors. “We will enable advanced semiconductor manufacturing to make a comeback here in America after 40 years. It’s going to transform the semiconductor industry and create entirely new ecosystems,” Biden said. Biden added that Intel’s new projects are expected to create 30,000 jobs nationwide in construction and manufacturing.
The job creation on that scale remains to be seen. Could be optimistic embellishment somewhat but the boost to our semiconductor industry is huge and badly needed.
The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers. In contrast, republicans have vowed to repeal Inflation reduction act.
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The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers. In contrast, republicans have vowed to repeal Inflation reduction act.
The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers!
In contrast, republicans have vowed to repeal Inflation Reduction act.
Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea!
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Quote Originally Posted by thirdperson:
The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers!
In contrast, republicans have vowed to repeal Inflation Reduction act.
Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea!
Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act.
Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea!
those magafuckers in congress
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
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Quote Originally Posted by fubah2:
Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act.
Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea!
Trump will do his best to repair the USA. Crime, inflation, wars, border,,, you name it,,, Joe screwed it up.
Joe Biden will be remember for the massive migrant crime that is headed our way unless we get a leader that can get it under control. Gangs, drugs, sex workers and crime is headed to a town or city near you. Thank Joe Biden. He did that! History will not be kind to ole Joe.
We need someone that can lead and not from behind. Come on Nov. 5th.
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Trump will do his best to repair the USA. Crime, inflation, wars, border,,, you name it,,, Joe screwed it up.
Joe Biden will be remember for the massive migrant crime that is headed our way unless we get a leader that can get it under control. Gangs, drugs, sex workers and crime is headed to a town or city near you. Thank Joe Biden. He did that! History will not be kind to ole Joe.
We need someone that can lead and not from behind. Come on Nov. 5th.
Quote Originally Posted by fubah2: Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act. Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea! those magafuckers in congress
I completely agree. Thirdperson ran the story earlier about how they are now documented as among the very worst in our history
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act. Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea! those magafuckers in congress
I completely agree. Thirdperson ran the story earlier about how they are now documented as among the very worst in our history
Quote Originally Posted by fubah2: Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act. Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea! those magafuckers in congress
@KellyM_1964
I completely agree.
Thirdperson ran the story earlier about how they are now documented as among the very worst in our history!
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by fubah2: Quote Originally Posted by thirdperson: The hill reports that after Biden administration crackdown, price of drug inhalers is reduced from hundreds of dollars to $35 per month by largest manufacturers! In contrast, republicans have vowed to repeal Inflation Reduction act. Of course they want to destroy anything helpful to Americans and they'll spin it to their cult in a way that makes them wrongly perceive repeal is a good idea! those magafuckers in congress
@KellyM_1964
I completely agree.
Thirdperson ran the story earlier about how they are now documented as among the very worst in our history!
“Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! With today’s report of 303,000 new jobs in March, we have passed the milestone of 15 million jobs created since I took office. That’s 15 million more people who have the dignity and respect that comes with a paycheck."
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President Biden touted March’s jobs report:
“Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! With today’s report of 303,000 new jobs in March, we have passed the milestone of 15 million jobs created since I took office. That’s 15 million more people who have the dignity and respect that comes with a paycheck."
Biden has accomplished what Clinton, Bush, Obama and Trump have failed to do. Besides investing in infrastructure, Biden administration has negotiated lower drug prices for medicare patients. Inflation reduction act caps drug costs from $3500 to $2000 a year starting in 2025. Almost 25% of Americans say they struggle to afford prescription drugs. However Trump promises to kill Inflation reduction act if re-elected.
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Biden has accomplished what Clinton, Bush, Obama and Trump have failed to do. Besides investing in infrastructure, Biden administration has negotiated lower drug prices for medicare patients. Inflation reduction act caps drug costs from $3500 to $2000 a year starting in 2025. Almost 25% of Americans say they struggle to afford prescription drugs. However Trump promises to kill Inflation reduction act if re-elected.
So the FED is reporting losses in the billions on a weekly basis, in real cash loses. But hey, Biden is doing well, right? Just keep writing bills that drain the bank account. I guess Biden just thinks we can print our way out of this mess that covid caused, right? I mean, if we're 30+ trillion in debt, just mint 40 one trillion dollar coins and we're out of debt!
For all the Biden lovers, this is the first time in the history of the FED that they are running negative. Just keep inflation pumping because it's basically a hidden tax, that should help! Keep printing money for Bidens fun projects that will save the planet.
How's that InFlAtIoN rEdUcTiOn AcT working out so far?
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So the FED is reporting losses in the billions on a weekly basis, in real cash loses. But hey, Biden is doing well, right? Just keep writing bills that drain the bank account. I guess Biden just thinks we can print our way out of this mess that covid caused, right? I mean, if we're 30+ trillion in debt, just mint 40 one trillion dollar coins and we're out of debt!
For all the Biden lovers, this is the first time in the history of the FED that they are running negative. Just keep inflation pumping because it's basically a hidden tax, that should help! Keep printing money for Bidens fun projects that will save the planet.
How's that InFlAtIoN rEdUcTiOn AcT working out so far?
President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Talk about your understatement of the decade!!!!
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Quote Originally Posted by fubah2:
President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! Talk about your understatement of the decade!!!!
Not an understatement, but another bit of misinformation.
He did not 'inherit' anything; he applied for the job and got it. He wanted everything -- good and bad -- that came with the job that he ran for. He was not 'forced' to 'inherit' anything -- he asked for it and pled with the folks to give it to him.
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Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! Talk about your understatement of the decade!!!!
Not an understatement, but another bit of misinformation.
He did not 'inherit' anything; he applied for the job and got it. He wanted everything -- good and bad -- that came with the job that he ran for. He was not 'forced' to 'inherit' anything -- he asked for it and pled with the folks to give it to him.
Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Talk about your understatement of the decade!!!!
yep worst since the great recession under the previous republican admin
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
2
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Talk about your understatement of the decade!!!!
yep worst since the great recession under the previous republican admin
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! Talk about your understatement of the decade!!!! yep worst since the great recession under the previous republican admin
And that was because of Trump's policies, or Covid? Which party advocated for complete shutdown again? Has it been proven that it actually helped? Has it not been proven that herd immunity, which democrats scoffed at, is the only way to beat a pandemic? Not complete shutdowns?
TIME TO BRING BACK THE OBAMA CAGES!
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday. "Three years ago, I inherited an economy on the brink! Talk about your understatement of the decade!!!! yep worst since the great recession under the previous republican admin
And that was because of Trump's policies, or Covid? Which party advocated for complete shutdown again? Has it been proven that it actually helped? Has it not been proven that herd immunity, which democrats scoffed at, is the only way to beat a pandemic? Not complete shutdowns?
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Talk about your understatement of the decade!!!!
yep worst since the great recession under the previous republican admin
@KellyM_1964
Even your statement is an understatement!!
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Quote Originally Posted by KellyM_1964:
Quote Originally Posted by Zeus4par: Quote Originally Posted by fubah2: President Biden touted March’s jobs report: “Today’s report marks a milestone in America’s comeback," Biden said in a statement released by the White House Friday.
"Three years ago, I inherited an economy on the brink!
Talk about your understatement of the decade!!!!
yep worst since the great recession under the previous republican admin
Biden has accomplished what Clinton, Bush, Obama and Trump have failed to do. Besides investing in infrastructure, Biden administration has negotiated lower drug prices for medicare patients. Inflation reduction act caps drug costs from $3500 to $2000 a year starting in 2025. Almost 25% of Americans say they struggle to afford prescription drugs. However Trump promises to kill Inflation reduction act if re-elected.
That would be a huge disservice to those 25% of Americans
1
Quote Originally Posted by thirdperson:
Biden has accomplished what Clinton, Bush, Obama and Trump have failed to do. Besides investing in infrastructure, Biden administration has negotiated lower drug prices for medicare patients. Inflation reduction act caps drug costs from $3500 to $2000 a year starting in 2025. Almost 25% of Americans say they struggle to afford prescription drugs. However Trump promises to kill Inflation reduction act if re-elected.
That would be a huge disservice to those 25% of Americans
The left will never admit that covid came from a lab and Mr. Science (follow the science they all said ). They'll blame Trump for the shutdowns but will never acknowledge where covid originated from or who was behind it. They still wear their masks, while alone in their cars or outside because taking off the mask will admit they never needed it in the first place and they desperatly need to grasp on to that power they had when they told people to put their masks on). If I see someone wearing a mask, I just assume they are sick because a mask is designed to keep your nasty spit inside your mouth. They'll never admit that herd immunity is beneficial in fighting a virus and that the elderly, obese, and immune compromised should have been the ones to stay home and be extra cautious instead of forcing everyone to stay home which put the breaks on an economy that has been designed to never stop. They'll believe that the 5th vax is what's slowed the virus and not the fact that the natural immune system has fought it off and made covid-19 become like the standard flu. They still believe the bat theory.
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@StumpTownStu
The left will never admit that covid came from a lab and Mr. Science (follow the science they all said ). They'll blame Trump for the shutdowns but will never acknowledge where covid originated from or who was behind it. They still wear their masks, while alone in their cars or outside because taking off the mask will admit they never needed it in the first place and they desperatly need to grasp on to that power they had when they told people to put their masks on). If I see someone wearing a mask, I just assume they are sick because a mask is designed to keep your nasty spit inside your mouth. They'll never admit that herd immunity is beneficial in fighting a virus and that the elderly, obese, and immune compromised should have been the ones to stay home and be extra cautious instead of forcing everyone to stay home which put the breaks on an economy that has been designed to never stop. They'll believe that the 5th vax is what's slowed the virus and not the fact that the natural immune system has fought it off and made covid-19 become like the standard flu. They still believe the bat theory.
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