The economy was running fine?
Kamala was robbed
Kamala was robbed
Trump NUKES Biden Student Debt Forgiveness, Will Begin COLLECTIONS
- Thread starter DerekJohnson
- Start date
In 1972 annual tuition and fees at Oregon was less than $600. I had an $800 academic scholarship per year. I had a union summer job at the chemical factory for about $7.00 an hour which now equates to over $30 an hour. Annual tuition and fees for an in-state student is now over $18,000. I graduated with no student debt. All those private sector union jobs are now gone. Had lots of fraternity brothers working in the paper mills in Eugene or forestry jobs for Crown Zellerbach and Weyerhaeuser. All gone today. Quality of education outside of STEM and Accounting and maybe Finance is almost worthless or less than worthless.
Inflation was too high, but as a whole the economy was fine... as in no need to go after the rest of the world for tarrifs.... like I said there is a reason it only lasted 4 days and Navarro got sacked... and no it wasn't the art of the deal....
Sure. Fine economy.
I’m not as dialed in as most of you but the economy at fine isn’t good enough because it’s underperforming. Won’t tarrifs bring back some manufacturing thus helping the middle class and create additional jobs? I’ll defer to the smarter people here especially since my stroke.
Right now China has a chockpoint on way too many critical parts of our economy. From minerals and metals to pharmaceuticals and military components we are totally dependent on them. Some of the manufacturing we don't need, like sewing most non-high end clothing and making athletic shoes and cell phones and TVs. Incentivize it out to Vietnam etc. But things like chip fab plants and auto plants and steel and aluminum we can do and trillions are on the board for those things. Our ace in the whole is oil and gas production. We need to play it instead of folding our hand like the dementia patient.
It may years from now. But that will also cause prices to go up. Also if you do enough damage to the economy in the short run to get your long term goal, you will get voted out of power... so what's worse the tarrifs that other countries have or democrats in power?I’m not as dialed in as most of you but the economy at fine isn’t good enough because it’s underperforming. Won’t tarrifs bring back some manufacturing thus helping the middle class and create additional jobs? I’ll defer to the smarter people here especially since my stroke.
But China is an issue and needs to be gone after so that is fine...
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We know why you hate tariffs
LLol
It's a massive way for Trump to continue to steal the working class from the dems and a wedge issue he can take from them.
It doesn't even need to be outright forgiveness, just negotiate a payback system better than the existing one that isn't working anyways.
Much like a collection agent that makes a deal for a payment plan Trump has more than enough room to negotiate between 0 and 100% that ends up benefiting everyone.gif.
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The economy was literally propped up by massive government debt spending and employment as well as illegal immigration.
Which of those is long term sustainable as you say?
We are talking about debt. Guess what? The people who made poor decisions on education and the costs associated, have kids that are in college now doing the same fucking thing. We have acquaintances who are in their 40's and still with student loan debt. They just sent their child to Grenell at a cost of about 90K all in per year. The kid is getting a degree in History. The parents are paying for about half. The kid will come out with close to 160K debt. Rinse-Repeat.
No one should have to pay for one dime of a dumbasses 160K debt on a History degree that will most likely never pay for itself if history is the chosen career once out of school. In short, the solution is to stop the madness. Go to a state school in GA, get the Hope Scholarship and come out with about 20K in debt. If you choose to point your children into an out of state school that you can't afford and they can't pay back, you are a fucking idiot and you should have to live with the consequences, not me. I knew this basic math when I was 18 years old and chose to go to Oregon. I came out with 12K in debt and paid it all back within 4 years. It can still be done today if you have half a brain.
People need to be responsible! Let the elite overpriced universities die off due to lack of enrollment. That will bring prices down in a hurry.
No one should have to pay for one dime of a dumbasses 160K debt on a History degree that will most likely never pay for itself if history is the chosen career once out of school. In short, the solution is to stop the madness. Go to a state school in GA, get the Hope Scholarship and come out with about 20K in debt. If you choose to point your children into an out of state school that you can't afford and they can't pay back, you are a fucking idiot and you should have to live with the consequences, not me. I knew this basic math when I was 18 years old and chose to go to Oregon. I came out with 12K in debt and paid it all back within 4 years. It can still be done today if you have half a brain.
People need to be responsible! Let the elite overpriced universities die off due to lack of enrollment. That will bring prices down in a hurry.
DucksFC
Active poster
my tax dollars shouldn’t pay for you running over that pothole, which I just did as well!
Solid principled conservative view. Agree on all points. The counter is that the net present value of a lot of these loans on the books is approaching $0.