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Any policy which gives people money they would not have otherwise had could be construed as a "bribe" to voters.
The bigger issue for people again loan forgiveness is "savings I could get vs. savings I can't get" I bet if the plan was something like everyone gets 5K but if you have student loans the money goes to that, they would be all for it.
Gangster Joe is still working on his vote buying plan and continues to push student loan foregiveness.. The regime announce they want to forgive another 9 BILLION dollars in student loans.
In case anyone wanted more proof that it's an us vs. them situation, govt. employees vs. the rest of us.
You realize that this includes state and local employees. So this would also benefit people like teachers, police, social workers, and people working for non-profit organizations. These are people that help you and usually get paid very little to do so.
The $9 billion will forgive the debt of 125,000 borrowers, with 53,000 getting relief under the Public Service Loan Forgiveness program, 51,000 through an IDR plan and 22,000 who have a total or permanent disability.
If someone becomes disabled and cannot work, do you really believe their SSDI income should be garnished?
The public service loan program has been in place for a long time now, and if people have been paying for 20 years and it’s still not paid off, they should get it forgiven. That or let it be forgiven in bankruptcy like anything else.
Better yet, get the govt out of student loans entirely, but that doesn’t seem likely at this point.
Obama promised to allow bankruptcy and statutes of limitations rules to apply to student loans, just like Biden, but in the end did nothing about it. This was part of his platform to con young people into voting for him, just like Biden.
You have no point because your argument is clueless.
In your example - Bob Smith purchased nothing.
Wrong! Bob Smith purchased an education. He just paid for it with a loan. It's no different than purchasing a car with a loan or a house with a mortgage. Or even a haircut with a credit card.
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Originally Posted by James Bond 007
Let's say Bob Smith takes out $50K in student loans to pay for his college education. That is, he purchased a college education for $50K, paid for with a loan.
Quote:
Originally Posted by DRob4JC
The government (banks in the past) purchased the education. Bob Smith made a loan agreement w/ the government - that he AGREED to pay back by signing documents.
That's like saying somebody doesn't "purchase" a car when they take out a car loan. Or they don't "purchase" a house when they take out a mortgage. You also agree to pay back car loans and mortgages by signing signing documents. That the lender ("bank") in this case is the government makes no difference, it's just a different kind of "bank."
Quote:
Originally Posted by DRob4JC
None of this is remotely related to taxes.
The thread topic is whether or not forgiving loans amounts to "buying votes." As I said:
Quote:
Originally Posted by James Bond 007
In both cases the politician is reducing the cost some consumer(s) paid for something by some amount. Both could be considered "voter bribes" or "vote purchases."
Quote:
Originally Posted by DRob4JC
Your argument is clueless.
No, my argument makes perfect sense but you don't want to acknowledge it. Either that or you're incapable of understanding it.
You realize that this includes state and local employees. So this would also benefit people like teachers, police, social workers, and people working for non-profit organizations. These are people that help you and usually get paid very little to do so.
They aren't underpaid here and their pensions provide more income than a private sector employee's 401k can ever hope to provide -- even if they max it out. And when their underfunded pensions crash, the govt. will demand taxpayers bail them out.
I guess that also means when republicans give people tax breaks they're trying to purchase the votes of the people getting the tax breaks.
Well said!
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You also agree to pay back car loans and mortgages by signing signing documents. That the lender ("bank") in this case is the government makes no difference, it's just a different kind of "bank."
