White House Lashes Out At Republicans Over Student Loan Cancellation; Conservatives Fire Back | The Daily Wire, Aug 26th, 2022 - Attempting to paint Congress Republicans as hypocrites because they took out Paycheck Protection Program (PPP) loans during the COVID pandemic, which were later forgiven.

[u/American_Streamer]

https://www.dailywire.com/news/white-house-lashes-out-at-republicans-over-student-loan-cancellation-conservatives-fire-back

[u/[deleted]]

It was designed for forgiveness due to the extreme uniqueness of the event.

[u/misterforsa → u/[deleted]]

It was designed for forgiveness. So what. That doesn't really change the hypocritical response that these conservative reps are giving.

The catch phrase is "Some blue collar worker shouldnt have to pay for YOUR student loan"

Ok fair enough. But, regardless of the fact that PPP was designed for forgiveness, the point still stands. These reps took PPP LOANS and had them forgiven, making the hypocrisy almost too much to bear.

Furthermore the reverse question still stands as well "why should some blue collar worker foot the bill to keep someone else's business afloat?" . It's the same shit really.

[u/[deleted] → u/misterforsa]

Nothing hypocritical at all. The situations are not even remotely similar. One was a black swan event where we were facing a potential economic abyss with businesses prohibited from operating. The situation was one where the goal was to be sure these businesses existed when we came out the other side, which was a big unknown in March-April 2020. It was the perfect example of the rare event where government intervention in the market was reasonable and warranted. The other is wiping personal obligations, many of which could likely have been paid, and creating a moral hazard as these conditions are not unique and will be repeated next year and the year after and the year after that.

IF there is hypocrisy here, it would be from people who had no issue with any of the COVID packages at the time, especially the third one which really was hard to justify, but now that it is politically convenient reverse their own position to defend their preferred politicians.

So what if the reps took loans if those loans complied with the rules established for the PPP program? What does that have to do with student loans? Nothing. And if they did not comply with the rules, that only raises an issue of fraud or abuse but that still has nothing to do with the details of Biden's handout this week (if it withstands court challenges which, given the law they are using to try to justify this, is not a given).

This is typical politics by the left and deflection due to the anger of average Americans paying the bills of others who should be paying their own way.

[u/misterforsa → u/[deleted]]

Wow you guys will just jump through flaming hoops like trained circus bears to defend your overlords.

You say the two foregivnesses are nothing yet I beg to differ.

A business person takes risk. Its hard to predict when circumstances will disrupt business. Pandemic happens. Rather than suffering circumstances, they get a bailout.

A student takes risk to invest time/money into pursuing education. Its hard to predict the outcome sometimes. Cant find a decent paying job and gets drowned by debt.

You can attach whatever amendments you want to these situations. But it basically adds up to you saying the business operator has more entitlement to receive assistance than the meek college grad. In my mind the two are not so different. That's why we call you guys bootlickers.

Bottom line is, theres a student debt crisis in this nation. If the government can offer bailouts to everyone else, theres not reason some measure of bailout cant be offered to this stratum of society. For once they're actually doing something to help the average young person.

[u/[deleted] → u/misterforsa]

There are no hoops. Your arguments are illogical and based on spurious comparisons, the biggest - but not only - one being that government prevented businesses from operating normally even if they wished to. That alone would have justified the program.

Tell me where in the terms of a student is a "decent paying job" guaranteed? In addition, how many of these loans where the student has legitimate difficulty paying back were for majors that a little research would have identified as having limited job prospects and/or low average salaries? That type of information is hardly unavailable.

You can claim that my points come down to whatever...but logic does not support your conclusion on that. And under normal business condition, neither merits much entitlement to a bailout, though there might be a slightly stronger argument for the business since that could impact the jobs of employees. But that would still be a weak argument in a free market capitalistic system.

You call people "bootlickers" because you can't make a reasoned argument and have to resort to playground insults. :) Bottom line is, there is a crisis of making responsible financial decisions. And this bailout only worsens that by encouraging more irresponsible behavior not to mention prompting further growth in college fees and tuition. Fortunately, this appears to be legally dubious and may not withstanding the nearly certain court challenge. That would be the best outcome since the list of reasons why this move is a bad idea on many front is long.

[u/misterforsa → u/[deleted]]

Naw my argument is perfectly reasonable. I call you a bootlicker because you chose to remain ignorant to the reason .

[u/[deleted] → u/misterforsa]

Keep telling yourself that. I’m sure your subs will tell you just that. Ironic that you then call others “ignorant” with the routine historically ignorant taunt after your disconnected comparison. But…sadly not surprising.

[u/misterforsa → u/[deleted]]

Bootlicker is as bootlicker does. Sadly.... it's not surprising

[u/[deleted] → u/misterforsa]

Lol! Someone feels threatened! You want a pacifier to go with those taunts? 🍼🤣

[u/[deleted] → u/misterforsa]

https://imgflip.com/i/1usaet

[u/misterforsa → u/[deleted]]

Haha now you're just showing you're true colors. Everyone's just a baby right?

[u/[deleted] → u/misterforsa]

Anyone who uses the term “bootlicker.” 🤣