The Economy Continues To Go Great Under Biden

[Independentthinker]

Except that things are so NOT great that people are having major difficulties in repaying their student loans. But, if things are going so great, how can that be? And, we also have this:

The Census Bureau found that 41.2% of adults reported difficulties paying household expenses in its latest household pulse survey that polled respondents from Sept. 20 to Oct. 2. That was up from 37.3% from the previous two-week polling period between Aug. 23 to Sept. 4 and the highest share on record since the survey first began asking that question in August 2020.

But, things are going great!

Student loans: Early data shows repayments are already taking a toll

The data provides the earliest indications of the kind of impact those repayments could have on both households and the economy

finance.yahoo.com

 

[Staidhup]

I assume you support student loan forgiveness based on resulting economic stimulus it would provide. Interesting to say the least.

How about college endowments underwrite these loans and purchase the ones outstanding on the market?

How about college counselors disclose to incoming freshmen what the financial realities of their major yields and how long they should expect to pay off their loan?

Yet you believe American Taxpayers should write down or exonerate debt in the name of erroneous decisions. What about those “Tax Payers” that assumed debt, paid it off, in order too provide their children a college education? So they should pay again?

 

[Crepitus]

Except that things are so NOT great that people are having major difficulties in repaying their student loans. But, if things are going so great, how can that be? And, we also have this:

The Census Bureau found that 41.2% of adults reported difficulties paying household expenses in its latest household pulse survey that polled respondents from Sept. 20 to Oct. 2. That was up from 37.3% from the previous two-week polling period between Aug. 23 to Sept. 4 and the highest share on record since the survey first began asking that question in August 2020.

But, things are going great!

Student loans: Early data shows repayments are already taking a toll

The data provides the earliest indications of the kind of impact those repayments could have on both households and the economy

finance.yahoo.com

So you're a proponent of student loan forgiveness?

 

[Independentthinker]

So you're a proponent of student loan forgiveness?

I'm saying that if things are going so great, why can't they pay back their student loans?

 

[Crepitus]

I'm saying that if things are going so great, why can't they pay back their student loans?

They couldn't pay them 4 years ago either.

 

[HikerGuy83]

They couldn't pay them 4 years ago either.

Uh, that wasn't the question.

 

[Independentthinker]

They couldn't pay them 4 years ago either.

Then they shouldn't have applied for the loans or the loans should not have been approved.

 

[Independentthinker]

I assume you support student loan forgiveness based on resulting economic stimulus it would provide. Interesting to say the least.

How about college endowments underwrite these loans and purchase the ones outstanding on the market?

How about college counselors disclose to incoming freshmen what the financial realities of their major yields and how long they should expect to pay off their loan?

Yet you believe American Taxpayers should write down or exonerate debt in the name of erroneous decisions. What about those “Tax Payers” that assumed debt, paid it off, in order too provide their children a college education? So they should pay again?

I'm saying that Biden & Co are saying we are all doing great. So, they should be able to repay their student loans, right? Or are you admitting that things AREN'T going great and that Biden and the left are outright liars?

 

[Crepitus]

Uh, that wasn't the question.

Tell me how it's worse.

 

[struth]

Except that things are so NOT great that people are having major difficulties in repaying their student loans. But, if things are going so great, how can that be? And, we also have this:

The Census Bureau found that 41.2% of adults reported difficulties paying household expenses in its latest household pulse survey that polled respondents from Sept. 20 to Oct. 2. That was up from 37.3% from the previous two-week polling period between Aug. 23 to Sept. 4 and the highest share on record since the survey first began asking that question in August 2020.

But, things are going great!

Student loans: Early data shows repayments are already taking a toll

The data provides the earliest indications of the kind of impact those repayments could have on both households and the economy

finance.yahoo.com

Wow nearly half the country can barely make their basic living expenses in xiden’s economy

Thr demafacist war on the working class has been a tough one…

 

[struth]

They couldn't pay them 4 years ago either.

Um sure they could, people were making their payments…the admin wasn’t pushing to have them forgiven

 

[HikerGuy83]

Tell me how it's worse.

Answer his question.

 

[HikerGuy83]

Wow nearly half the country can barely make their basic living expenses in xiden’s economy

Thr demafacist war on the working class has been a tough one…

Don't ruin their little orgasmafantasy by giving them the facts.

 

[Winco]

Don't ruin their little orgasmafantasy by giving them the facts.

Remember when they claimed that a trump policy created energy Independence.

Which Policy was that?

 

[22lcidw]

So you're a proponent of student loan forgiveness?

Why such a high deficit then? Come on Joe.....cut it in a huge way. After all the economy is humming.

 

[HikerGuy83]

Remember when they claimed that a trump policy created energy Independence.

Which Policy was that?

Not sure who "they" was or what that has to do with this thread.

 

[Crepitus]

Why such a high deficit then?

Too many tax cuts for the wealthy.

 

[Winco]

Not sure who "they" was or what that has to do with this thread.

The thread is about 'economies' past and present.

 

[HikerGuy83]

The thread is about 'economies' past and present.

This thread is about the economy under Biden.

And I still don't know "they" is.

 

[struth]

Remember when they claimed that a trump policy created energy Independence.

Which Policy was that?

Wasn’t just one, but one major one was undoing Obama Clean Power Plan, which simply drove up cost and didn’t do anything to create clean power