@[email protected] to [email protected] • 4 months agoIs canceling student loan debt considered stealing?message-square53fedilinkarrow-up146
arrow-up146message-squareIs canceling student loan debt considered stealing?@[email protected] to [email protected] • 4 months agomessage-square53fedilink
I have an economics teacher that made this claim in class yesterday. I wanted to know other people’s thoughts about it.
minus-square@[email protected]linkfedilinkEnglish1•edit-24 months agoOne party’s debt is another party’s asset. So yes, cancelling a debt looks the same as stealing cash in the issuing party’s bookkeeping.
minus-square@[email protected]linkfedilink1•4 months agoSo I guess all of those unsupervised PPP loans that were forgiven were a nice feather in the Democratic hat, then, huh?
One party’s debt is another party’s asset.
So yes, cancelling a debt looks the same as stealing cash in the issuing party’s bookkeeping.
So I guess all of those unsupervised PPP loans that were forgiven were a nice feather in the Democratic hat, then, huh?