I hope Gen Z never forgets this.
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Taxpayers spent over $1 Trillion on the PPP program, of which, $200 billion is thought to be fraudulent. Another case of only corporations get socialism in the US.
Already rich people get 1.7trillion in tax cuts: crickets
Former middle class Americans get 400bil one time payment: oh fuck no
That's not even all of the fraud, that's just the really obvious stuff - overseas scam artists inventing fake companies. Rich members of Congress getting PPP loans for their "businesses" and using the money to buy yachts doesn't seem to be counted.
What a garbage country.
Remember who did this when you vote in the next election.
Thats quite a precedent. The president doesnt have discretion about his own department of education. Thats a complete undermining of the entire executive branch if its no longer able to make decisions about the executive branch.
Well the executive branch is useless, unless you put in the ultimate cheat code of having R as your party initial. then you can do no wrong and use the hidden magical wand behind the nixon painting to do anything.
Well... I'm not surprised. Disappointed, but not surprised. We all knew this Supreme Court was not in favour of its citizens. The Supreme Court should have been stacked long ago. Leaving it be with its insane appointments just because stacking it might start a war with the GOP was a short sighted move, as the GOP is always going to play underhanded (that's how they managed to get so many SCOTUS appointments in the first place). Biden's insistence on trying to play nice with the GOP has always been his weakness.
This really sucks for those with student loans who were depending on this. We're already in an economically rough place for the kinds of folks who would have student loans. Inflation has been sharp in recent years and wages have not kept up. In my field of tech, layoffs have been widespread and new grads would be the most severely impacted (they already struggle to get hired and now they're competing against an increased number of experienced people).
As an aside, it's also a shame that lawmakers have not managed to pass a law for this debt relief. My understanding is that the strike down is specifically because it's not a congress passed loan forgiveness. But congress isn't willing to do the right thing (not in enough numbers to pass a law, anyway).
I voted for Bernie in the primaries in 2016, then for Hillary when Bernie lost the primary. If Hillary was president when we replaced 3 Supreme Court justices, we would still have choice for abortion and student loan forgiveness.
Don't vote for Republicans, they don't care about women's rights, minorities, LGBTQ rights, worker rights, non Christians, and our democracy.
Biden is apparently going to talk about this today.
A wake up call to anyone who has student loans. The class war is here, and you're the latest casualty.
The likelihood of recession this fall/winter all but confirmed now. Get ready for defaults, defaults, defaults.
Looks like default is off the table until the election, but there is going to be a serious decline in optional spending. Get ready for more "Why is Millenials/Gen Z killing X industry?
How in the unearthly flying fuck did the 6 Republican state governors have standing to sue on behalf of a private company that did NOT have the right to sue and had NO demonstrable harm?
Completely vacuous institution, the SCOTUS. They just make shit up at this point.
3rd World country wearing a Gucci belt lol
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