We get to pay for student loans. Great.

Let me ask you this. How much money per year for college should the tax payers invest? Per student.
If you're asking me about "taxes", then you're asking me how tuition-free education, would be funded in our current economic system, not a socialist state. State universities and other educational/vocational institutions, would receive money from the federal government and also draw funds from state and local taxes. It could be an extra 2% sales tax for all items, or maybe 4% for certain products, like electronics..etc. Besides that, there might also be an extra fee deducted from your paycheck and that could be a flat fee or a deducted % similar to Social Security. You might end up paying $20 or $40 monthly extra into the education fund. This will ensure all Americans get an education from pre-kinder to graduate school. That includes vocational job training.

I would also add a job guarantee in the public sector, that way everyone is employed and making money, either in the private sector or in the public. More people making money equates to more people purchasing products and services, invigorating the economy. There will be more skilled labor and more Americans with a university degree. This is what we need to do to compete with China and Russia in the 21st century or we're going to be eaten alive.
 
Unfortunately yes. Perhaps a few years earlier you wouldn't have had to and those $2000 could've been used for housing, clothing..etc.
There was no free college that I knew of in 1970.

I had to use the money I saved, the GI Bill and working at nights at a gas station to pay my way. Many times I barely had enough money to eat on. I remember one month after paying all my bills I had $7 left over for food to last me the rest of the month.

I think it was available back then but it never occurred to me to borrow money. I sacrificed and paid as I went. I didn't expect any dipshit like this Potatohead clown to bail me out to buy my vote.
 
If you're asking me about "taxes", then you're asking me how tuition-free education, would be funded in our current economic system, not a socialist state. State universities and other educational/vocational institutions, would receive money from the federal government and also draw funds from state and local taxes. It could be an extra 2% sales tax for all items, or maybe 4% for certain products, like electronics..etc. Besides that, there might also be an extra fee deducted from your paycheck and that could be a flat fee or a deducted % similar to Social Security. You might end up paying $20 or $40 monthly extra into the education fund. This will ensure all Americans get an education from pre-kinder to graduate school. That includes vocational job training.

I would also add a job guarantee in the public sector, that way everyone is employed and making money, either in the private sector or in the public. More people making money equates to more people purchasing products and services, invigorating the economy. There will be more skilled labor and more Americans with a university degree. This is what we need to do to compete with China and Russia in the 21st century or we're going to be eaten alive.

It could be an extra 2% sales tax for all items, or maybe 4% for certain products, like electronics..etc. Besides that, there might also be an extra fee deducted from your paycheck and that could be a flat fee or a deducted % similar to Social Security. You might end up paying $20 or $40 monthly extra into the education fund.

You're only spending $1000 a month?

I would also add a job guarantee in the public sector, that way everyone is employed and making money, either in the private sector or in the public. More people making money equates to more people purchasing products and services, invigorating the economy.

Make-work government jobs will invigorate the economy?
 
I am generally not a fan of this. I don't necessarily agree with the premise that we're eating the bill for it, as those loans were already disbursed. But I kind of agree with Larry Summers in that this could lead to inflationary pressure going back in the wrong direction. Beyond that, I think it's just opening up a major can of worms. Like who decides that someone earning $100-125K (which is still a decent income by the way) should get loan exemptions, but someone earning $130K or 150K should not? Just not a good idea.

There are no inflationary issues here. No one will be receiving any checks in the mail. Since student loans were suspended anyway, nothing has changed. If inflation is so horrible then why are there so many companies making more money than they have in decades.
 
If that’s true we have no future. It will be every dystopian movie about the future we have seen. Slavery and misery is your future under communism. Always has been, always will be. No matter what is posted on line.
In your mind perhaps, but in reality, it will be a communist society where the consumer will have all of the products and services they use, thanks to advanced technology, without suffering scarcity. Everyone will enjoy a very high standard of living and more freedom than they do today under capitalism or any type of capitalist feudalism planned for the future. In communism, the people own the means of production, all of the advanced technology collectively, and produce everything they need. Under capitalism, we are heading into a techno-fiefdom/modern feudalism, where just a few people own the means of production, and all of the technology consigning everyone else (the public, working-class), to serfdom.
 
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$10K will help those who borrowed their frat dues and beer money, or who dropped out their freshman year. If it makes you feel better, it will piss the left off even more than the right that $10K is all he is doling out. For the people in the worst shape, that won't even change their payments. It will be like a year's interest for those who pay less than interest only payments on an IDR plan. Unless he is piggy backing this onto an announcement of something bigger and newer like retroactively decapitalizing interest that put some borrowers deeply underwater (especially grad students), Biden is costing the DNC support in November.
The polls show that a majority support the $10,000 loan forgiveness but do not support total forgiveness.
 
In Left Wing economics the middle class are the slaves.
The corrupt Democrat Party treats the taxpayers like they are their slaves.
Eventually there will be nothing left to steal.
Socialist always destroy countries.


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You have no clue what socialism is. Unfettered capitalism is bad and that is what we are seeing. Companies are gouging consumers to enrich their already rich shareholders.
 
It could be an extra 2% sales tax for all items, or maybe 4% for certain products, like electronics..etc. Besides that, there might also be an extra fee deducted from your paycheck and that could be a flat fee or a deducted % similar to Social Security. You might end up paying $20 or $40 monthly extra into the education fund.

You're only spending $1000 a month?

I would also add a job guarantee in the public sector, that way everyone is employed and making money, either in the private sector or in the public. More people making money equates to more people purchasing products and services, invigorating the economy.

Make-work government jobs will invigorate the economy?

I don't believe it would be anywhere near $1000 monthly. We could cap the monthly expense to $80 from paychecks and the extra sales tax would hardly add up to $1000+ monthly in extra expenses. As far as your government jobs question. Yes, it will definitely do that, because government workers also earn a wage and when people earn wages, they have the purchasing power to walk into your store and buy products or they eat more often at your restaurant. More people employed and productive always contributes to positive growth and strengthening of the economy, regardless of whether they're employed in the private or public sectors.
 
There was no free college that I knew of in 1970.

I had to use the money I saved, the GI Bill and working at nights at a gas station to pay my way. Many times I barely had enough money to eat on. I remember one month after paying all my bills I had $7 left over for food to last me the rest of the month.

I think it was available back then but it never occurred to me to borrow money. I sacrificed and paid as I went. I didn't expect any dipshit like this Potatohead clown to bail me out to buy my vote.

In California, Community Colleges had no "tuition" per se. There were lots of fees though. Registration fee, ASB fee, Library fee, Parking Pass.

But the main thing is what the Administration and teachers were PAID. Now, even a low level professor in a community college is pulling down high six figures. Administration including benefits is ranging from low 6 figures to mid 7 figures.

The cost of education shot through the roof because the educrats were able to rape the public and get away with it. Why do we need to pay professors 7 figure salaries?

We have a friend who is an Econ professor at UC Riverside. Nice guy. He has his stable of Corvettes, from a 1962 Stingray through the C8. I think he has 6 in total. He had to have a custom garage put in, but he has a home in the Riverside Hills on an acre and a half, so it wasn't a problem.

In order to pay him $3 million plus a year, tuition is going to have to be pretty high...

This is the reality of the education-Industrial Complex.

Oh, of course he is a dedicated socialist - as ANYONE that rich is.
 
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I don't believe it would be anywhere near $1000 monthly. We could cap the monthly expense to $80 from paychecks and the extra sales tax would hardly add up to $1000+ monthly in extra expenses. As far as your government jobs question. Yes, it will definitely do that, because government workers also earn a wage and when people earn wages, they have the purchasing power to walk into your store and buy products or they eat more often at your restaurant. More people employed and productive always contributes to positive growth and strengthening of the economy, regardless of whether they're employed in the private or public sectors.

You might end up paying $20 or $40 monthly extra into the education fund.

$20-$40 in taxes at 2% to 4%, means you're being taxed on around $1000 in spending?

As far as your government jobs question. Yes, it will definitely do that, because government workers also earn a wage and when people earn wages, they have the purchasing power to walk into your store and buy products

Useless government jobs don't provide useful products for people to purchase.
So how are they good for the economy?

More people employed and productive always contributes to positive growth

I've underlined the flaw in your "plan".
 
You have no clue what socialism is. Unfettered capitalism is bad and that is what we are seeing. Companies are gouging consumers to enrich their already rich shareholders.

BWAHAHAHAHA

Oh, we have "unfettered capitalism?"

:lmao:

So there are no regulations or constraints at all, just a completely free, Laissez Faire Market?

Quick comrade, most stock is owned by:

  1. Oligarchs like Tim Cook and Mark Zuckerberg
  2. Doctors and lawyers who have more than you - no fair
  3. Middle class workers through 401K's
Stupidity is the root cause of socialism - evil is just the fruit it bears.
 
You might end up paying $20 or $40 monthly extra into the education fund.

$20-$40 in taxes at 2% to 4%, means you're being taxed on around $1000 in spending?

As far as your government jobs question. Yes, it will definitely do that, because government workers also earn a wage and when people earn wages, they have the purchasing power to walk into your store and buy products

Useless government jobs don't provide useful products for people to purchase.
So how are they good for the economy?

More people employed and productive always contributes to positive growth

I've underlined the flaw in your "plan".
The flaw is in your ability to comprehend what you're reading, not in what I wrote. I said that $20, perhaps $40 would be deducted from paychecks as a flat fee or perhaps maybe there would be a % based deduction. I didn't specify what that % would be for the paycheck deduction, but whatever it amounts to % wise, the deduction could be capped at $80 monthly. I also mentioned a sales tax, read it again, that has nothing to do with the direct deductions from paychecks. So no, it wouldn't cost $1000 monthly, unless you insist here that it does, then for you (only for you), it will, but only In your mind.

More, only in your mind, are all public sector jobs useless. Is law enforcement useless?
 
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The flaw is in your ability to comprehend what you're reading, not in what I wrote. I said that $20, perhaps $40 would be deducted from paychecks as a flat fee or perhaps maybe there would be a % based deduction. I didn't specify what that % would be for the paycheck deduction, but whatever it is, it could cap the deduction at $80 monthly. I also mentioned a sales tax, read it again, that has nothing to do with the direct deductions from paychecks. So no, it wouldn't cost $1000 monthly, unless you insist here that it does, then for you (only for you), it will, but only In your mind.

So no, it wouldn't cost $1000 monthly,

Idiot. You said a 2% to 4% sales tax would raise $20 to $40 a month.
That means you're taxing about $1000 of spending a month, not collecting tax of $1000.

Why are liberals so bad at math?
 
So no, it wouldn't cost $1000 monthly,

Idiot. You said a 2% to 4% sales tax would raise $20 to $40 a month.
That means you're taxing about $1000 of spending a month, not collecting tax of $1000.

Why are liberals so bad at math?

This is what I originally wrote:

If you're asking me about "taxes", then you're asking me how tuition-free education, would be funded in our current economic system, not a socialist state. State universities and other educational/vocational institutions, would receive money from the federal government and also draw funds from state and local taxes. It could be an extra 2% sales tax for all items, or maybe 4% for certain products, like electronics..etc.

Sales tax is not a deducted flat fee or % from paychecks. It's pretty clear what I wrote, and it's not what you're asserting. Let's read more...

Besides that, there might also be an extra fee deducted from your paycheck and that could be a flat fee or a deducted % similar to Social Security. You might end up paying $20 or $40 monthly extra into the education fund. This will ensure all Americans get an education from pre-kinder to graduate school. That includes vocational job training.

The deductible flat fee from paychecks or deducted % may add up to $20, $40 and if it goes above $80, it can be capped there. What part of this don't you want or desire to understand? You're not stupid, so it's not lack of intelligence that's your problem, it's just you're stubborn. Hardheaded. BTW, I'm not a liberal, I'm a communist.



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