The number of people who are able to hold the view that governmental budgets can or should be run like household budgets while simultaneously believing that the taxes are too damn high is astonishing.
Household budgets, corporate budgets and government budgets. The only thing they have in common is the word "budgets". They all work completely differently, and the idea that taxpayers are somehow losing out by the erasure of student debt just demonstrates a complete failure to understand the differences. Stick to balancing your checkbook.
It's been debated that the almost 2 trillion dollar stimulus bill is going to be a challenge to pay for.
Explain to me how doubling it is a good idea?
And the stimulus bill was only a drop in the bucket
This country's debt has been maddeningly out of control for years. There's concerns now that just paying off the interest is going to chew up the federal budget.
If you guys think giving away 2 trillion to children who don't want to pay for loans they took out is more important than Medicare for all improved infrastructure or whatever government expenditures you can make that argument for sure. But spending 2 trillion to forgive past loans not even to improve actual education seems like an extremely poor use of increasingly limited funds
