cross-posted from: https://lemmy.world/post/18200056
this post was submitted on 06 Aug 2024
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In practice, cancelling student debt would be a great stimulus since people would have more money to spend, whereas tax cut money is pretty much gone.
Yeah I've been trying to figure out why republicans want to cancel student debt forgiveness so bad as it literally taking money out of the economy. Even worse, that money is already spent. I guess they assume people just hold onto all that extra money, now the government wants it back... Like what the duck. My credits already shot because of this mess.