Biden just said student loan forgiveness will put money back into the economy.

thought he was on a crusade against inflation, yet we are back to free money in election season

Got to love it

It's a straw man argument. What these idiots that are praising this move don't realize is that it will further devalue the dollar and take people's money away due to taxes.

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Biden just said student loan forgiveness will put money back into the economy.

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What he's not telling you is that it's gonna be considered taxable income.

Emotional appeals to voters are not required to make fiscal sense.

And a trillion to special interests with tax increases to the middle and upper middle class in the "fight inflation" bill

Are loan payments still deferred? If so, down the road maybe it allows more money in the system rather than repaying loans, but for now no new money is going anywhere but toward tuition and whatever new student loans are buying.

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Yet dems think that tax cuts won't do the same.

Explain that.

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Easy: Democrats are idiots.

University tuitions are about to skyrocket

Zero progstains in this thread.

It’s so irresponsible that I’m actually somewhat shocked he still went thru with it. And I know the BS they are capable of yet I still can’t believe it. They are the absolute worst and I can only try not to think about it. Everything is an emergency so all logic and level headedness is out the door. And when you consider how political the motives are it almost becomes unbearable. I’m waiting for the GOP to give us something to feel good about but honestly I don’t even know what that could be right now.