You were ok with giving corporations 100s of billions in forgiveness for Covid loans. I’m not sure that I take your views seriously.
The best compromise would be forgiveness of student loan interest but that’s my view.
Originally Posted by 1blackman1
That's ridiculous. Please stop trying to gaslight me. It won't work.
While I don't know if I've done so on this board, I've criticized the Paycheck Protection Program as much as or more than probably anyone here. I saw it up close up and personal, as an employee and a banker were encouraging me to take out a PPP loan, because it was "free money." I didn't do it. I disdain the politicians and bureaucrats who came up with it, without creating controls that would restrict the loan forgiveness to companies that actually would have otherwise laid off workers.
Now where's your criticism of the corporate welfare passed by Biden, practically all Democratic Congressmen, and many Republican Congressmen in 2021 and 2022? I believe the ultimate tab for that would have been around a couple of trillion.
Why do you believe forgiveness of interest, presumably for all students, is the way to go? Any loan forgiveness should be means tested. Otherwise doctors, lawyers and other well off people benefit disproportionately. They should have to pay the loans back, with interest. If you're having trouble providing food and shelter for your family, well maybe that's a different story.