Forum Thread
(Lake Martin Specific)
111,234 messages
Updated 11/3/2024 8:10:01 PM
Lakes Online Forum
84,081 messages
Updated 11/4/2024 1:21:06 PM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Lake Martin Specific)
4,171 messages
Updated 5/29/2024 10:51:34 PM
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
(Lake Martin Specific)
169 messages
Updated 5/31/2023 1:39:35 PM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Lake Martin Photo Gallery





    
Name:   MartiniMan - Email Member
Subject:   Student loan freebie down the drain
Date:   8/20/2024 8:56:50 AM

Heh...who would have guessed? U Chicago study indicated that student loan borrowers that were forgiven have largely replaced that debt with new debt so they can buy stuff.  That my friends with a modicum of understanding of economics is how things like this add to inflation.  Artificial demand created by govt borrowing money to eliminate someone's debt just so they can replace it with new debt and go out and buy stuff.

As if this wasn't bad enough, for a fairly large number of deadbeat recipients who weren't paying their loans anyway, they still have bad credit and no real improvement in their monthly cash flow.  So if you combine these people with the profligate spenders above about all we tax-paying folks who paid our debts get is higher costs and more inflation and an even larger number for our portion of the national debt.  Free money causes inflation every single time.





Name:   MrHodja - Email Member
Subject:   Student loan freebie down the drain
Date:   8/20/2024 10:03:25 AM

IMHO the objective never was to relieve student debt, it was to buy votes.  The Dems could care less that it is just a giveaway that sticks the taxpyer with responsibility for an illegitimate debt and exacerbates the inflation problem.





Name:   lucky67 - Email Member
Subject:   Student loan freebie down the drain
Date:   8/20/2024 11:44:34 AM

my daughter who will have her medical loan paid off in December with No taxpayer assistance is now looking forward to the $25k promised home buyer gift from you taxpayers that Cackles is promoting









Quick Links
Lake Martin News
Lake Martin Photos
Lake Martin Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
www.LakeMartin.com
THE LAKE MARTIN WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal