this post was submitted on 01 Aug 2023
144 points (73.5% liked)
Memes
45635 readers
1707 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
See, it's funny because Joe fucking Biden has done everything he possibly can to cancel large amounts of student debt across the board, and his efforts have been stymied by Republicans in the House, Senate, and Supreme Court, and yet people will continue to blame him as "looking like he wants to cancel student debt" instead of "cancelling student debt and having those efforts reversed at every turn by republicans". Fuckers, useless fucking cunts blaming the wrong people.
The people complaining about Biden on this point are either fake grass roots actually trying to squash democratic support or their naive democrats falling for the bait from Republicans.
I don't know why folks can't see that there's very little left for Biden to try at this point.
You clearly didn't read the article.
I mean, as of monday his admin just instated a low income repayment plan where you don't have to make payments after the October payment restart if you're an individual making less than $32k/yr or married making $67k/yr household.
So there's that.
Also it stops interest capitalization
Oh, I read it. The thing is absolutely idiotic.
Edit: it literally argues that he should have implemented it in a way that wouldn't give the SC time to say it's wrong. That's fucking idiotic. That's not how it works. You think they'd be like, "oh well, can't do anything about it now." No. They'd just reinstate the fucking debt.
No, but you see, accounts from lemmigrad with names like communistcat and 12315123 and vasya69 are telling me that both parties are the same therefore I should stop voting ever, and in the interest of believing both sides, I will do what they tell me.
Unfortunately "both sides" is also seen as the "clever" take. Just like a fedora was briefly seen as the "clever" fashion.
Except this is sticking a lot better.
Yeah, it gives smug sense of superiority, "look how cool I am, seeing through the world, the only intelligent person on the planet"
Biden was a primary author of the 1978 bankruptcy reform act, and pushed hard for it as a Delaware senator at the time. This very legislation is why students can be crushed for life by student debt, as it prevents discharging said debt via bankruptcy. He, along with Ed Kennedy, are precisely to blame for the crisis resulting from uncapped tuition increases by greedy, profit-incentivized colleges and lenders. These same institutions contribute massive amounts of cash to Biden’s campaigns to this day.
At least republicans are generally more honest about how they intend to help corporations screw us, reprehensible as they may be.
Your argument is bad and you should feel bad.
If you want to say it's his fault, okay. If you want to say this is proof he's not trying now, go take a basic class on logic.
Canceling debt isn't fixing the problem, it's just making the symptoms more tolerable.
Why did his office redact that report on whether he could cancel student debt through a more viable path again?