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this post was submitted on 02 Jan 2024
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There's 44 million Student loan borrowers carrying a total of 1.6 Trillion in student loans. That means Biden has forgiven about 8% of the total, and it has only reached 8% of the borrowers (worse than that if those numbers are recent and include what's already been forgiven). Combine that with having actually started collection on the loans again, and just there you have policies which materially hurt millions more than they help but we're all supposed to nod along and smile while we crank the blue lever on the "this machine kills Palestinian children" box.
That's not even getting into the way Democrats negotiated themselves down from $50,000+ in forgiveness, or how they chose flimsy justifications for their policy instead of more solid legal grounds to allow it to be torpedoed in court.
$1.6 trillion seems to be around the amount we used to fund the NDAA and it's nearly monthly expansions of spending for backing genocidal fascists such as Zelensky and Bibi and other purposes.