Activity Log in Register

Should we just forgive everyone their debts of all kinds? E.Warren says that would reduce inflation.

NedoftheHill 47604 posts Joined: Jun 29, 2011

Posted 6:38 pm on Aug 17, 2022

Sounds like a win-win, so why limit ourselves to student loan debts?

Evil preaches tolerance until it is dominant, then it tries to silence good.

Replies 14

Should we just forgive everyone their debts of all kinds? E.Warren says that would reduce inflation. NedoftheHill 6:38pm · 8/17/22
- I agree. I don't like this suggestion at all. Chris94 7:59pm · 8/17/22
  - many big businesses have that backstop, too, which gets us in lots of trouble. Bailouts - for peopl WestCoastIrishFan 9:01pm · 8/17/22
- Lets not get into what they did for the mortgage industry providing bailouts when there was a whole Protagonist 7:14pm · 8/17/22
- Actually it would increase inflation. It’s the same as giving people cash equal to the forgiven loan LanceManion 7:05pm · 8/17/22
- Why wouldn’t debt forgiveness be taxable income? Curly1918 6:59pm · 8/17/22
  - It typically is. There’s a special provision exempting student loans. Complete BS.NT LanceManion 7:05pm · 8/17/22
- She wants to make everything free for everyone Fisher01 6:56pm · 8/17/22
  - Ayn Rand was well before her time.NT WestCoastIrishFan 7:56pm · 8/17/22
    - So too, Orwell and Huxley. None of them nailed it 100%...but they got so many basics right.NT NedoftheHill 8:31pm · 8/17/22
      - it's actually eerie how accurate their writings are becoming. Lots of moochers here.NT WestCoastIrishFan 9:00pm · 8/17/22
  - Everything is free except speech.NT Irishize 7:23pm · 8/17/22
- It doesn't bother me that much that I payed off my college debt. iairishcheeks 6:53pm · 8/17/22
- Not necessary. Just forgive the debts of those likely to vote DemocratNT Curly1918 6:49pm · 8/17/22
  - Heh. That does seem to be the goal.NT NedoftheHill 8:20pm · 8/17/22

View Full Conversation