President Biden thread

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Wow.  No one has started such a thread yet?

After promising that most K-8 students would be in schools in the first 100 days,  apparently Joe is afraid to lead on this and has drastically scaled back that goal.

Instead, we're shooting for about half to go to school at least one day a week,  by the end of April.

https://www.usnews.com/news/education-news/articles/2021-02-09/bidens-goal-for-school-reopenings-suddenly-became-more-attainable

 

33 minutes ago, Beerman said:

What a moron.

"I just want to say a number: zero,” Biden said in the White House East Room before signing legislation granting greater medical and disability benefits to veterans suffering illnesses linked to inhaling toxic smoke.

“Today, we received news that our economy had 0% inflation in the month of July — 0%,” Biden said. “Here’s what that means: while the price of some things go up — went up last month, the price of other things went down by the same amount. The result? Zero inflation last month."

https://nypost.com/2022/08/10/biden-wh-claims-us-has-zero-inflation-despite-high-rate/

 

And anyone who thinks his statement accurately represents the current situation is a bigger moron.

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Specializes in Critical Care.
9 minutes ago, Beerman said:

And anyone who thinks his statement accurately represents the current situation is a bigger moron.

And I get that objectively measurable facts really takes the fun out of fact-free bias posing as a reasoned argument.

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Specializes in Emergency.
5 hours ago, MunoRN said:

And I get that objectively measurable facts really takes the fun out of fact-free bias posing as a reasoned argument.

Like these:

 

E8BB1C9A-2F1C-40BE-9F77-C37A16789976.jpeg
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Specializes in Emergency.
7 hours ago, Beerman said:

And anyone who thinks his statement accurately represents the current situation is a bigger moron.

I guess you’re no longer pretending to be a neutral non-partisan observer. 

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Specializes in CRNA, Finally retired.
On 8/3/2022 at 10:09 AM, toomuchbaloney said:

Yes, that's typical of Theissan's opinion of all things liberal or Biden. Do you think this "lie" is as sinister or damaging as the presidential lies about covid in 2020? 

When anybody makes a prediction about our economic future, I laugh.  Marc Theissen is just a political blow-hard who hasn't any more knowledge of the future variables in the economy than anyone else.  That's why he spends time in this column bad-mouth the "others" since he has nothing of substance to offer.

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Specializes in Vents, Telemetry, Home Care, Home infusion.

$10,000 in student loan forgiveness will help my son with his 17 year old student loans that he's been whitiling down, especially after being out of work last year.

Forgiveness affects those making less than $125,000/year.

 

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Specializes in NICU, PICU, Transport, L&D, Hospice.
5 minutes ago, NRSKarenRN said:

10,000 student loan forgiveness will help my son with his 17 year old student loans that he's been whitiling down.

 

Maybe more people will educate to be poorly paid teachers or mental health counselors if the required education doesn't force them into a type of indentured servanthood. This is good news. 

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Specializes in Hospice.
18 minutes ago, toomuchbaloney said:

Maybe more people will educate to be poorly paid teachers or mental health counselors if the required education doesn't force them into a type of indentured servanthood. This is good news. 

Now to do something about the for-profit schools that flog these loans and charge five-figure prices for one or two year courses that do not educate. Looking at you, for-profit nursing schools …

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36 minutes ago, NRSKarenRN said:

10,000 student loan forgiveness will help my son with his 17 year old student loans that he's been whitiling down, especially after being of work last year.

Forgiveness affects those making less than $125,000/year.

 

I think you meant 10,000 dollars, not students.  Others here might suspect you're a bot.

Anyway, this plan costs about 2,000 dollars per taxpayer,  and mostly benefits the top 60% income earners.

https://budgetmodel.wharton.upenn.edu/issues/2022/8/23/forgiving-student-loans

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Specializes in NICU, PICU, Transport, L&D, Hospice.
9 minutes ago, Beerman said:

I think you meant 10,000 dollars, not students.  Others here might suspect you're a bot.

Anyway, this plan costs about 2,000 dollars per taxpayer,  and mostly benefits the top 60% income earners.

https://budgetmodel.wharton.upenn.edu/issues/2022/8/23/forgiving-student-loans

Only some members might have that narrow trigger for Bot or Troll activity. 

What was the republican plan to address this problem?

https://www.forbes.com/sites/zackfriedman/2022/08/06/republicans-propose-to-end-student-loan-forgiveness-for-millions-of-borrowers/

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A blockbuster new proposal on student loans from congressional Republicans would eliminate one of the most popular student loan forgiveness programs: public service loan forgiveness. A new bill from Reps. Virginia Foxx (R-NC), Elise Stefanik (R-NY) and Jim Banks (R-IN) would end the troubled program for student loan cancellation.

According to their proposed legislation:

the Public Service Loan Forgiveness program would be eliminated;

student loan borrowers who are currently pursuing public service loan forgiveness would be protected; and

this student loan forgiveness would end after July 1, 2023.

Quote

It’s not the first time that Republicans have proposed to end public service loan forgiveness. For example, Republicans say Biden has canceled $400 billion of student loans, and there should be no more student loan forgiveness, especially one-time, wide-scale student loan cancellation. In his annual budget, President Donald Trump proposed ending public service loan forgiveness amid other cuts to the U.S. Department of Education and recommendations to change student loans. Congress created the Public Service Loan Forgiveness program in 2007, allowing borrowers to cancel their federal student loans if they meet certain requirements. For example, student loan borrowers must be employed full-time (at least 30 hours per week) by an eligible public service or non-profit employer and make at least 120 monthly student loan payments. The program has struggled for years, with rejection rates as high as 99% for borrowers. However, Biden proposed major changes to student loans so that more student loan borrowers qualify for student loan forgiveness. For example, Biden has canceled $8 billion of student loans for public servants. Biden also has implemented a limited waiver for student loan forgiveness, which allows student loan borrowers to “count” past student loan payments that were previously ineligible for student loan forgiveness. Last month, Biden proposed to extend this limited waiver for student loan forgiveness beyond October 31, when it expires. He also delayed the announcement of a new plan for student loan repayment. That said, Biden could introduce a simplified income-driven repayment plan soon.

 

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Specializes in Vents, Telemetry, Home Care, Home infusion.
53 minutes ago, Beerman said:

I think you meant 10,000 dollars, not students.  Others here might suspect you're a bot.

Anyway, this plan costs about 2,000 dollars per taxpayer,  and mostly benefits the top 60% income earners.

https://budgetmodel.wharton.upenn.edu/issues/2022/8/23/forgiving-student-loans

Under Presidents plan, top 60% income earners would be UNDER the individual $125,000 income threshold, not all taxpayers = affecting mostly those making LESS than $75,000.   So average RN would qualify as salary's less than that level per this salary by state report: https://nurse.org/articles/highest-paying-states-for-registered-nurses/

How to qualify for Biden's student loan forgiveness plan:

https://www.cnn.com/2022/08/24/politics/biden-student-loan-forgiveness-qualify/index.html

Website will be setup in near future to submit borrowers current income info.

 

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48 minutes ago, NRSKarenRN said:

Under Presidents plan, top 60% income earners would be UNDER the individual $125,000 income threshold, not all taxpayers = affecting mostly those making LESS than $75,000.   So average RN would qualify as salary's less than that level per this salary by state report: https://nurse.org/articles/highest-paying-states-for-registered-nurses/

 

From the article I linked to:

"Between 69 and 73 percent of the debt forgiven accrues to households in the top 60 percent of the income distribution."

But, you are correct in that the  

average RN would qualify.  

Do you like the idea that the WalMart clerk with no student loan is help paying off the loan of the RN making 3x as much money?

Biden's plan isn't saving money.  The colleges aren't giving it back.  He is simply spreading out the cost among everyone.

That's what the PSLF program does as well.  I should say, is intended to do.  It's been in existence since 2007, but the govt hasn't been able to administor it correctly.

But, if it ever does work correctly and is not eliminated it like it should be, I'll have some of my loans cancelled.  

Do you want to know what my "public service" is?  I work in a not-for-profit hospital. 

So, I work in a Magnet hospital, one of the highest paying in the area, great benefits, and with another pt job our household income was well over 6 figures each of the last two years.  The govt thinks there is a benefit to having my fellow taxpayers foot the bill.

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