Burying the blades of wind turbines because they can not be recycled. Very Earth friendly move by the climate crowd. They don’t tell you this part of the lie.
The Media
“Every human has four endowments—self awareness, conscience, independent will, and creative imagination. These give us the ultimate human freedom … The power to choose, to respond, to change.”
Biden isn’t “canceling” student debt. He’s making everyone else pay for it. The National Taxpayers Union Foundation reported:
Public reporting indicates President Biden may soon announce executive action canceling federal student loan debt for a large set of borrowers. Though parameters of the student debt cancellation have yet to be announced, the Biden administration may cancel $10,000 of debt per borrower for borrowers making $125,000 in income per year or less.
Based on projections from the Penn Wharton Budget Model for the total cost of such cancellation, we estimate President Biden’s plan would cost the average taxpayer over $2,000.
The Penn Wharton Budget Model (PWBM) released a policy report on Tuesday that estimated the total cost of $10,000 in debt cancellation for borrowers making less than $125,000 per year would be $329.1 billion over 10 years. There were just under 158 million taxpayers in 2019 according to the IRS, meaning that the average cost of debt cancellation is $2,085.59 per taxpayer.
This is not a perfect proxy for cost, however, given the U.S. tax code is progressive and tax burdens are not evenly distributed across households. Accounting for the share of taxes paid by low- and middle-income households, we estimate that:
The average cost of student debt cancelation per taxpayer making between $1 and $50,000 is $158.27;
The average cost per taxpayer making between $50,000 and $75,000 is $866.87;
The average cost per taxpayer making between $75,000 and $100,000 is $1,477.78;
The average cost per taxpayer making between $100,000 and $200,000 is $3,158.35; and
The average cost per taxpayer making between $200,000 and $500,000 is $9,947.92.
Some may dispute that taxpayers bear the cost of canceling student debt. But the $329 billion cost of student debt cancellation would be $329 billion previously borrowed from the federal government and not returning to the Treasury. Policymakers will need to make up for that gap in the future with government spending cuts, tax increases, more borrowing, or some combination thereof.
Another bad economic decision that hurts Americans, the middle and lower class. It violates the (HA!) campaign promise of no taxes on those who make under $400,000.
The colleges have over $40 billion in endowments. They can pay for it. The universities raised costs when student loans became available. They are culpable for teaching anti-American policies and helping to ruin, not better our youth.
The election is close. It looks like a lot of people are tired of the way things are going. We’ve been treated like Serfs. Those in charge have put Americans last and seemingly try to screw things up. They are succeeding at the detriment of the middle and lower class. They are the ones who take a pay cut due to inflation in gas and food prices.
It’s as if they looked into the mirror and said we are the 1% and screw the little people.
Vote them out and let’s put people who want American’s to succeed in office.
The media crucified every statement, action, tweet and anything else Trump did for 5 years, including his primary year. These same assholes give a pass to a gaffe proned career politician. Almost everything they accused 45 of, 46 did it. 45 rarely did what they accused him of.
What’s ironic is that Trump had nothing to do with #FJB or #letsgobrandon. Biden did that himself with his actions and policies.
I lived through the Carter years. It doesn’t have to be this way. Our country was back on track a year after Reagan was elected. We will be back on track if they stop the idiocy that is occurring right now in Washington.
At one job, one of the tech support guys spoofed the receptionist and she paged Mike Hunt across the entire warehouse. It was funny. All the guys got it, but only some of the girls.
It was childish, but it broke up the day. It also was very funny to me.
I can make fun of anyone, and I will it. I’ll be cancelled or censored at some point. Don’t worry, no one or any side of the political scam is not safe here. I don’t play favorites.
Delusions of Adequacy 