There's an "in your face FU" aspect that incites people
by SixShutouts66 (2024-02-24 14:45:55)

In reply to: I missed all the fun  posted by El Kabong


As far as I know there have been loan reduction policies in effect for a long time that just happened without fanfare. Two things that upset many of us are:

1. Many have sacrificed for long periods of time to pay of their loans and feel rightly or wrongly that we're bailing others who haven't been willing to make similar sacrifices.

2. With his periodic public pronouncements of debt relief, the President is rubbing this in the face of people who don't agree with some or all of the policy. I'm beginning to believe he feels he's a reincarnation of FDR, rather than a normalizing president.

As others (jt) point out, these are band aids on a large wound; and we're unwilling to address the larger problem.