I am surprised Biden (#bestpresidentever) didn't go for more money. I think it opens himself up for criticism from the far left in two years. If he can swing another bailout in eighteen months or so, perhaps by eliminating all mortgage debt for people who are underemployed, then he may have more of a chance of fighting the extreme left.
I also hate the word games the media plays with this. This is simply a debt transfer from those who don't to those who do.
Could a bill be be proposed with some type of accountability stipulation be put on the education or banking system (still thinking what would be best) in exchange for a partial debt cancellation, basically throwing the political ball back in the Dems court to some degree?
It's good politics. But it's also bullshit.
In my twenties, I lived well within my means so that I could pay off my loans and have enough for a down payment on a house.
Student loan forgiveness means I'm out almost $20k on net. And Inflation with the current housing market has made getting a house that much harder.
I was proud that I was responsible in my 20s. But now I realize I was a chump. I've been made a fool.
I am surprised Biden (#bestpresidentever) didn't go for more money. I think it opens himself up for criticism from the far left in two years. If he can swing another bailout in eighteen months or so, perhaps by eliminating all mortgage debt for people who are underemployed, then he may have more of a chance of fighting the extreme left.
I also hate the word games the media plays with this. This is simply a debt transfer from those who don't to those who do.
Could a bill be be proposed with some type of accountability stipulation be put on the education or banking system (still thinking what would be best) in exchange for a partial debt cancellation, basically throwing the political ball back in the Dems court to some degree?