Of course they did. If you’re rich, you get a bailout. If you’re not, then fuck you.
The lesson here is don’t let Republicans into power ever. Just 4 years of a pretty ineffective and incompetent Republican administration has still managed to set this country back decades and the damage is going to keep coming. And if you want to mitigate it, I can’t promise Democratic majorities will do so efficiently or quickly because it really depends on which Democrats get picked in the primaries whether or not a hypothetical majority of them will be motivated to address stuff like this in a quick fashion. But I can promise you if we let Republicans hold onto any branch of government or regain all of them, then it definitely will not get addressed and in fact the next Republican administration will make this stuff look tame in comparison. We’re in for a tough decade or two, time we will not get back, because of 2016. All we can do is make sure it doesn’t happen again and try to make it so our kids aren’t still mopping up this same mess when it’s their turn.
Dude, between this and Roe v Wade, anti trans bills, really everything Millenials - Gen Z better vote like their lives depend on it every fucking year. It’s really clear who the bad guys are.
I mean you’ve just described a system that will necessarily fail. If four years of tenuous republican control can bring us back 15 years and the dems having the largest supermajority since reconstruction got us a right wing health care bill I doubt the dens can bring us 16 years into the future. So inevitably we’re going to decline.
It’s time for a revolution, let’s stop pretending
This was to be expected like most other decisions that came out today but still disappointing nonetheless. Only serves to show just how much public confidence for the US surprise court as a viable institution has gone out the window due to how little surprise there is.
As shitty as this outcome is, it gave 45 million Americans, in a demographic that is not as politically active as their older counterparts, a good reason to turn out and vote in 2024.
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I’m sooooo disappointed, but also sooooo not surprised.
Legally, Biden did have weak legal ground, but also legally then the decision shouldn’t have been allowed because the states who sued had, with unanimous decision by the Supreme Court, no legal ground at all.
NPR reports that the Biden admin will have a response and plan announced soon.
My guess is they have had a few back up plans considering no one thought this would work.
I agree! It probably won’t be a blanket forgiveness, but they’ll do what they can.
SCOTUS = dumpster fire
Ppp loans were completely forgiven. What a fucking joke - we can’t have shit in America.
The lesson I get from this is that forward progressive movement is not be expected from government, it must be done via direct action. At best government (and by extension, voting) can blunt the regressive movement from other more extreme parts of itself.
tl;dr Vote to keep the fascists at bay, not expecting change.
This and, use it to prove to your Republican friends and family, and even your democratic friends and family, how the US is structurally capitalist. It’s not just a happenstance. Capitalists can fund elections, which is how people get in office. They can fund representatives in other ways. They buy stuff for judges. The US bails out, funds, and forgives businesses and not people. Buisness owners leech value from their employees, and that is structurally maintained by US business code. The history is in slave ownership, theft from natives, colonialism, and the maintenance of monarchy-derived capital, and the government system itself is derived to prevent direct-democracy so the poors cant out number the rich.
I can’t believe how it took me to my 30s to realize this, give them time.
Of course they did. They have to line their pockets with more money that they stand to gain from the loans after all.
I just don’t see how they found Missouri to have standing.
That’s the amazing part of this for me, the mental gymnastics to get here is pretty crazy
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I think the point is that any type of relief of these kinds of debt would be met with political opposition. The opposition to this is against helping people in any capacity at all, engaging with nitty gritty details as to what might have been more sensible is giving credence to their insanity. When someone is trying to hurt you, you don’t let them ratchet it up to normalize “well, at least they only hurt me this much”. It’s painfully obvious that we have an entire political party in the US that has popularized suffering as the end goal. Nothing less.
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Relief should have been cut and dry legal. The government has broad, almost unlimited powers to tax and spend. Idk how they blocked this to be honest. It can’t have been justified.
Well, it’s not like I was planning on having kids or buying a house anyway. Fuck it, maybe I just buy a van and spend the rest of my life making $5 payments on my loans and let my credit collapse as the interest piles up.