Restaurant Workers Lose Their Jobs Over Newsom’s $20 Minimum Wage

So the PRIVATE "CFRB" says:

• Forgiving $10,000 of student loan debt per person does nothing to bring down inflation.
• Massive student loan forgiveness fails to address the skyrocketing costs of higher education, and instead will only exacerbate it.
• Student loan debt forgiveness will create the expectation of future debt forgiveness and will incentivize students to borrow more not less.

1. It was never promised to bring down inflation

2. It was never designed to bring down the cost of an education

3. It will now "create an expectation of loan forgiveness" ?

So lets dig a little deeper into this "committee":
https://waysandmeans.house.gov/anal...-giveaway-would-benefit-highest-earners-most/

Well thats not political is it

Their charge here is that to get the relief, you have to fill out a form "which is likely to be a more significant barrier to lower income borrowers with fewer resources". Because you have to take time to fill out a form, THAT is the barrier to lower income borrowers ? HUH !!! WTF

This benefits high income earners more because you have to fill out a form...SERIOUSLY, that is what their claim is !!!

This is my favorite !
So now "high earning potential" like "doctors and lawyers" have taken menial jobs and can use that income rate to cheat the system. Now follow me here: BULLCRAP on that. They claim that the way the system is cheated is that Dr's and Lawyers took menial jobs so they could cheat the system and get loan forgiveness ?

There is no shame to these clowns !!!

 

And there’s no end to the stupiof the federal government. If you subsidize unethical behavior you get more unethical behavior.

It’s similar to the welfare system. If you subsidize poverty you will get more poverty.

 

What "unethical behavior" ?

You gotta explain how you subsidizing poverty creates more poverty ?

I noticed you moved the goalposts and didn't even address the post

 

What was your point?

$22T spent on the war on poverty since 1964. There should be no poverty. Right or wrong??

 

once your wealthy, it's not the same as for the rest of us that work for our money

 

As with all progressive policies they do more harm to those they are supposed to help. But their hearts are in the right place???

 

As with all Conservative policies they do more harm to those they are supposed to help. But as long as they push their religion and get takes cuts for the rich???

 

What religion is that?

Trump paid more income taxes under his reforms. How can that be?

 

what religion do you think the religious right is pushing... The Golden Calf

 

What religion is that?

 

Trumpism...

 

That's not a religion but Bill Barr clearly sees the damage being caused by the progressive Biden administration in the last ~ 4 years.

https://www.theepochtimes.com/us/th...xt=Former Attorney General,speech,” he warned.

 

Just as I thought. The Biden administration bought the union vote.

https://www.wsj.com/articles/the-ua...gratulations to the,costs weren’t competitive.

 

NO!!!

10 or 20 years ago, no one knew if Biden would become president and offer to forgive loans that are 10 or 20 or more years old.
That would be a stupid thing to do, take out a loan and hope 10-20 yrs from then that some president would come along and help finish paying it off.

Just typing that sentence sounds silly enough.

 

Wrong. We spend $1.6 trillion on average every year on defense spending, So there should be no need for more weapons….right ?

What I will give you is this: In the war on poverty we give money to those in poverty, and we don't fix the actual problem.

 

Discrimination was not an intent on this either.
So far, you've not provided discrimination laws in regards to employment.
Granted, the USA was very discriminatory without laws. As that was the normal for all white people back then. Especially white men.
Still holds true today with many white men. Especially among the RW side of the aisle.

“According to a study on youth and minority employment published by the Congressional Joint Economic Committee on July 6, 1977, Davis–Bacon wage requirements discourage nonunion contractors from bidding on Federal construction work, thus harming minority and young workers who are more likely to work in the nonunionized sector of the construction industry.”[12] Thus, even if racism was not the intent, racial discrimination was a result of the law initially.[
https://en.wikipedia.org/wiki/Davis–Bacon_Act_of_1931

 

Rich people don't get grants to pay for college.
I received grants when I went to college. I had to be poor to get them.

 

well, you left out what in product marketing is called "white space"

that is a case where the general public does not realize the "need" until a supply is created.

That supply tends to come from risk-takers aka entrepreneurs.

BBN Planet - public internet

Can you say IPOD and what it did for the music industry.

How about IPhone

Amazon
Ebay
Netflix
Uber
GrubHub

and the list goes on

all white space

 

Rich people will get loans on items if the interest rate is lower than what they think they can earn with the money else where.

But to get Student loans, at least at the good rates, requires lower income to qualify for lower interest rate loans.

But no one has take out a student loan hoping in 10 or 20 yrs, the remaining balance might be forgiven.
Since it's never happened in history of student loans.
I had student loans paid off by joining the National Guard. But I had to be a standing member of the NG. I had to stay for 13 yrs to get most of my loans paid off.
But I only took out as much as the enlistment contract stated they would pay back.
Slowly, over a period of near 10 yrs.

 

You are correct about grants however if college is the goal, then wait tables, tend bar where you make the most money in the least hours vs min wage. And live cheap. Or, get a job in the trades or somewhere where tuition reimbursement exists and take night classes. Sure, you don't get the "college experience" but you get the damn education, which is the goal, isn't it?

 

Most of the poor students will do that.
Grants don't cover 100% of education. Maybe 25-50%.
Often living expenses are not part of grants. Tuition and/or book costs qualify.

 

Obama had the same type of program. That was covered in the article I posted. The kids would take out the loans and the parents would payments. Student debt forgiveness was based on the kids financial situation.

 

Weapons are deterrents and used for self defense. The war on poverty was only supposed to last for a couple of years. People in poverty were given funds to finance education that would get them out of poverty. It's been 60 years and $22T and we still have ~ 15% in poverty. What do you notice about the following:



The war on poverty started in 1964 which is just before the poverty rate flattened out.

 

It was unstated but that was the effect.

 

The Biden administration is planning to turn the loans into grants which don't have to be paid back. Read the article I posted.