1/2 Forgiving all federal student loan debt is an economic stimulant that would cost half a trillion less than the 2017 tax cut which gave 83 cents of every dollar to the richest corporations and individuals and will never pay for itself.

Jun 1, 2022 · 6:02 PM UTC

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2/2 It's strange that some people are so upset at the idea their tax money would pay for somebody else to get an education, but seem to have no problem at all how much of their tax dollars go to people who use it to buy their 3rd penthouse and second private jet.
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Replying to @marwilliamson
How about those doing pay-day loans? That demo seems to be in greater need of assistance than college grads. pewtrusts.org/-/media/assets…
Replying to @marwilliamson
It is a slap in the face to every college graduate that worked years to pay off their loans!
Replying to @marwilliamson
The problem is that any additional economic stimulus = inflation. The Fed is looking to kneecap the economy. This would be the trigger. Everyone and their moms will get a loan if they didn't have to pay it back.
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Replying to @marwilliamson
And it will send inflation into the stratosphere
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Replying to @marwilliamson
Problems with student loan forgiveness: 1. It's a regressive tax that benefits the statistically most advantaged at the expense of society at large, in other words an upward transfer of wealth 2. It punishes those who didn't overspend on college or avoided debt by working 1/2
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Replying to @marwilliamson @CPucelli
Then came the SALT Cap Repeal that did more Tax Breaks for 6-Digit Dollar Incomes and the Millionaires & Billionaires, and yet these same people want us to back Democrats and have Unity with Moderate & Neocon GOP, the #DumpsterFire of our Political Problems...
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Replying to @marwilliamson
#UniversalHealthcare cuts out the unnecessary middleman insurance corporation, saves over 50,000+ lives a year, saves 500,000+ from bankruptcy, and would be huge stimulus to the economy. #UBI is another along with #CancelStudentDebt & #CancelMedicalDebt
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