Quote (Goomshill @ 9 Nov 2024 16:22)
Well they'd make a dent in student loans but its an astronomical amount. Total student loan debt is about $1.74 trillion, so over 100x the campaign cost
Joe Biden's total student loan forgiveness program would have cost between $870 billion to $1.4 trillion as proposed. He rolled out SAVE in 2023 to modify how the Income Driven Repayment program from Obama works, and it was suspended this year by courts as unconstitutional. In that one single year it cost at least $5 billion on top of the IDR's normal reductions which was something like $40 billion, I think? ($475 billion projected over 10 years). And that's not counting paused interest under covid, there were 41 months of student loan freezes without interest or repayment and that cost an additional $195 billion, though that started with Trump. Then there were various programs for targeted debt relief and additional debt relief programs, few hundred billion idk.
Actually the proposed Biden debt relief program total cost over 10 years would be more than the entire federal higher education spending in all prior modern US history. And about half the total amount of all education spending combined. And that's comparing 10 years of student loan forgiveness alone to all K-12 spending, childcare / pre-K, tax credits, higher ed spending, federal subsidies, pell grants. Everything going to state and local assistance, etc, all the spending from after the NDEA by Eisenhower
basically its an astronomical fuckton of money
also please consider that Dune 2 and Joker 2 had the same budget, completely unrelated but I thought I'd throw that in there
/e also remember how Kamala kept catching flak for appearing with celebrities like Beyonce / etc who then just talked instead of performing for the crowd? Turn's out that Kamala's actual concert performances with Megan Thee Stallion, Lady Gaga, Katy Perry, Jon Bon Jovi and Christina Aguilera wound up costing her campaign $20 million combined. And they scuttled some planned concerts as the budget dried up, no Alanis Morisette. Fucking bravo to whatever campaign strategist thought that was a justifiable use of campaign coffers, Trump got more publicity riding in a fucking dump truck :rofl:
Trump Fixed Abortion , Promiscuity and STDs just by winning the Election and he haven't stepped into the Oval office yet.Let me be clear here, what I wrote was an oversimplification of how 11 Billion can be used on USA instead of spending on such frivolous BS.
Let's put into perspective of the total 1.74 Trillion on Student loan debt. If you are going to fix it , you are basically siphoning tax payers dollars and shifting in from one project to another, it is not
DEMOCRATS ARE FORGIVING STUDENT LOANS.
Whats worst is, you are spending hundreds and billions of dollars elsewhere for your warmongering projects and you want to forgive student loans..
Piffle...hahaha.
Entirely forgiving student loans is impossible, that being said budgets and donations (Imagine those used on their so called historical campaign) can help alleviate projects may it be student loans, primary and secondary education, healthcare, veterans healthcare etc etc etc whatever that is urgent at the moment.
While looking at policies that are inherently nefarious that created such a drama and make steps to rectify the situation.
But nope, lets give you some Woke shit and Taylor swift concerts to make you think we are some morally righteous and upright people and you MUST vote for for us, if you don't vote for us you are garbage like
Mexicans and Latinos 
what nonsense.
From Democrats damning of the Puerto Rican insensitive garbage joke told during one of Trumps rally in an enclosed area.
To the Left Media vehemently chastising the Latino diaspora for not voting blue on Main Stream , social , cable media in the most disrespectful and racist manner.
What a turn of fucking events really.
This post was edited by Hamsterbaby on Nov 9 2024 02:45am