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by Salgat
975 days ago
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Some of these "bailouts" make sense. In 2008 these "bailouts" were loans that were paid back in interest. The COVID stimulus was given to everyone below a certain income threshold, so it was effectively a progressive tax cut. The student loan relief is an attempt to fix predatory loans (although it's not a complete solution, it does help though), and while I paid back my loans fully, I don't wish those loans on anyone, especially not those without a high paying job. The PPP loans were very abused, and while they are prosecuting quite a few over it, most of that money is gone forever. The only answer I have for that is not to vote in the politicians who enabled it. |
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