Biden Bails Out Losers With Worthless College Degrees

[Jibartik]

Guess who gets the checks for this bailout trunge?

Billionares.

[Tethler]

Originally Posted by Jibartik [You must be logged in to view images. Log in or Register.]

Guess who gets the checks for this bailout trunge?

Billionares.

If they cut checks and mailed them out and people payed 10k off their loans, who gets the money in the end? (hint: the answer is the same)

That doesn't make it not worth doing though. Clearing those debts, for most people, means they suddenly have hundreds of dollars more a month to save, invest, or put into the economy.

[Elizondo]

Originally Posted by Tethler [You must be logged in to view images. Log in or Register.]

If they cut checks and mailed them out and people payed 10k off their loans, who gets the money in the end? (hint: the answer is the same)

That doesn't make it not worth doing though. Clearing those debts, for most people, means they suddenly have hundreds of dollars more a month to save, invest, or put into the economy.

Save and invest?

Originally Posted by Botten [You must be logged in to view images. Log in or Register.]

desperately tries to make it a conspiracy as the red wave crashes. I love it.

MSNBC lol

[Patrece]

Everything costs way more right now, the deduction will be taxed and this will cause even more inflation

You're all poorer for these 2 years so far and the next two will be even worse

[Kaveh]

Seems like the house is going republican so idk about “red wave crashes”

But I didn’t click the link

[Botten]

Originally Posted by Kaveh [You must be logged in to view images. Log in or Register.]

Seems like the house is going republican so idk about “red wave crashes”

But I didn’t click the link

realistically, it probably is. Media .. meh but I love the enthusiasm.

[MrSparkle001]

Waah I can't pay my student loan.

[You must be logged in to view images. Log in or Register.]

[unsunghero]

If they have an outstanding loan it’s probably better to finish paying that before they look to spending or investing anything, right? A free $10k from daddy-government isn’t going to cover the rest of their outstanding loan

I have 3k of credit card debt left so until I pay that no investment is worth doing. The only thing I spend money on besides bills is maybe dates and maybe another donation to p99 if I continue to play casually

[Reiwa]

Originally Posted by unsunghero [You must be logged in to view images. Log in or Register.]

If they have an outstanding loan it’s probably better to finish paying that before they look to spending or investing anything, right? A free $10k from daddy-government isn’t going to cover the rest of their outstanding loan

I have 3k of credit card debt left so until I pay that no investment is worth doing. The only thing I spend money on besides bills is maybe dates and maybe another donation to p99 if I continue to play casually

Depends on the interest rate. CC I think is higher so good call.

[Jibartik]

Originally Posted by Reiwa [You must be logged in to view images. Log in or Register.]

Depends on the interest rate.

While former private equity executive and Federal Reserve Bank Chair Jerome Powell takes aim at workers with a pledge to “get wages down” to combat inflation, he has declined to implement a law to reduce the skyrocketing paychecks of his former colleagues on Wall Street.

A BANK OF AMERICA executive stated that “we hope” working Americans will lose leverage in the labor market in a recent private memo obtained by The Intercept. Making predictions for clients about the U.S. economy over the next several years, the memo also noted that changes in the percentage of Americans seeking jobs “should help push up the unemployment rate.”