[Erik Latranyi]

Yes, Trump started this nonsense during the Wuhan Flu and then made it worse with the CARES Act handing out money left and right to these people who cannot earn enough to pay for their worthless degrees.

This was also another source of fuel for the inflation fire we are suffering today.

[stanne]

“ Yes, Trump started this nonsense during the ”

I am certain you will provide zero evidence of this nor even attempt to do so.

[qaz123]

Yes because all things related to money from the federal government starts with the Executive Branch. Which is in complete contradiction to over 200 years of government where all things financial, as it relates to the federal government, initiated in the House of Representatives.

All that rent moratorium stuff, no eviction stuff....all of that came from the White House, NOT Congress. I remember it clears as day.

I heard that you recently tripped on the sidewalk and it was all Donald Trump’s fault. Amazing what that man can do. Heard you got a flat tire the other day and it was all Donald Trump’s fault. WOW, he’s a busy man.

[mouse1]

President Trump was working with flawed information on the Wuhan. People had a fit when he restricted inbound flights from China. And that was the right thing to do. Shutting down our country, mailing out checks and paying people more on unemployment was asinine. He certainly shares in the blame.

[newzjunkey]

Trump’s action was reasonable to preserve the economy in the vast unknown of the pandemic crisis. The crisis has been over and student borrowers should be back at work by now. Their vacation lifestyles finally gets to meet reality. It is immoral to cancel this debt taken on by better advantaged, likely wealthier, Americans to be paid for by the middle and lower middle class as well as those who paid their student loans off like I did.

Biden took wrong steps to avoid inflation because he had a specific agenda on energy and so on. How does servicing debt put more inflationary pressure on the economy? There’s less free money floating around so wouldn’t the price of goods begin to slow? It might “hurt” the service and retail sectors of the economy because college borrowers won’t be freely spending like drunken sailors now but that just means they’ll be forced to act more prudently with their money. It’ll help bring equilibrium.

There will still be entry level workers making way more than they should because starting wages that spiked during covid likely aren’t coming down. Young workers have lots of disposable income that previous generations did not. This is an inflationary pressure which is hurting the middle class who have been victims of wage compression. They have lost ground to entry level workers and inflation.

What teenager wouldn’t want to work at a grocery store for $15/hr with no debt, rent or obligations? That’s going to be rebalanced by reducing labor hours and added technology replacing workers outright eventually. Even Publix has self checkout at many of their stores now and larger retailers like Walmart and Kroger are adding conveyor belts to self checkouts to accommodate bigger orders that used to go to manned checklanes. Wendy’s is testing AI order taking. McDonalds is testing automated kitchens.