But besides that point, why are student loans the only ones openly, directly, back by the government?
FD-The seniors are pretty darn hot about the Tea Party putting SS and Medicare on the chopping block while refusing to raise taxes on the wealthy.
cpwill -actually A) seniors aren't effected by any plan to reform those two entitlements and B) a plurality of seniors poll supporting the Ryan Plan over the Obama Plan.
FD-I don't know a single senior who supports the Ryan plan. After the enormous failure of GWB's Part D plan, senior want nothing to do with another voucher system. They got taken in once; they aren't interested in doing it again.FD- The younger voters are upset that educational assistance when on the chopping block while refusing to raise taxes on the wealthy.
Cpwill - of course they are. our idiotic notion that everyone needs to go to college has resulted in my generation receiving little to no actual education in return for which we are saddled with massive student debts. THEN, we graduate (if we graduate), only to find that unemployment for our age bracket in the Obama Economy is around 15-25%. Underemployment is far higher than that and suddenly your studies in feminist theory and film don't seem as guaranteed to enable you to pay those loans back as easily as your guidance counselor seemed to have suggested.
FD - I've always felt educational loans should be larger for needed professions and smaller for those who are going into fields that are not neededFD - There are a lot of Hispanic children born in the US to illegal immigrants that are now over age 18 and they are upset that that the GOP has blocked all legislation that would legal to their relatives be able to make their status legal and to have the protections most workers in America enjoy.
cpwill - that may be true, but the GOP is on the general side of the populace when it comes to immigration.
Not for long if projections about the growth of the Hispanic population come trueFD - The unemployed are upset that the GOP has tried to block programs to help them retrain and programs to create jobs
cpwill - to the contrary, the GOP in the House has passed numerous measures that would have created jobs, that have then gone on to die in the Senate. Democrats, by contrast, seem more interested in measures that constrain job growth.
FD - thus far the GOP seems to be trying to sell trickle-down economics and failed GWB policies. These ideas are what got us into this mess - not what will get us out of this messFD - A whole lot of uninsured people are angry that the GOP blocked a public option for healthcare.
cpwill - doubtful. people that are uninsured and can't get insurance generally qualify for Medicaid, which is a public option.
FD - you are woefully out of touch with just how poor someone must be to qualify for Medicaid. The working poor don't qualify - they have to buy a healthcare plan.FD - People are angry that Americans pay far more for medications than residents of other countries do
cpwill - depending on how you count (do you consider unavailability of care a "cost"? how about time spent waiting?).
FD - have you seen healthcare delivery in a country that has universal, single payer healthcare? I have lived abroad thanks to my husband being in the USAF. People don't wait for months to get MRIs, CTs or most surgeries. Sick people normally get seen the same day as they do here. Home health care and medical equipment is easier to get there than in the US. Emergent care is readily available. Emergency surgery is the same as here. There are no 'death panels'. Preventive care is head and shoulders above the US standards and training on healthy lifestyles is far better. 95% of what the GOP was saying would happen with a single payer system was pure BS...........cpwill - but certainly we pay too much - which is why we should put into place the reforms that have been proven to reduce costs.
FD -Other first world countries pay less per capita and have better healthcare outcomes. How? Single payer, universal healthcare. They have proven this works as a cost containment measure so maybe the US should give this a try.
I don't want to see religious bigotry in any form. It would disturb me if there was wedding between the religious fundamentalists and political right. The hard right has no interest in religion except to manipulate it. ~ Billy Graham in Parade magazine February 1, 1981.
Because they have no real ideas they'll be yesterdays new quite quickly.
Do you have a crystal ball or a magic mirror that tells you the future? If not, your speculation means nothing.
My common sense tells me that student loans are backed by the U.S. Government because college students don't have adequate credit scores. And, of all the loans in the world, a student loan is one biatch to default on. The government will intercept your IRS refund checks, freeze your bank accounts and, in every way you can think of, assure that the student repays. Student loans are not excused in bankruptcy either.
Student loans are not the only loans guaranteed by the U.S. Government:
Government loan guarantee programs are offered by the Federal Housing Administration (FHA), the Department of Veterans' Affairs (VA), and the Department of Agriculture's Rural Housing Service (RHS). Each program has its own requirements.
Thank you, Quazi!
well then the whole purpose is a crock. we have had endless attempts to keep people in houses they never should have bought because they couldn't afford. we have extended unemployment ad nauseum. more people are on government aid than ever before - 47% of households receive one federal program or another. all these students protesting that they have to pay back their loans had their loans federally subsidized in the first place.The whole purpose is the 99% that has been left out.
just like in Greece, this isn't the "left out" crowd hitting the streets - it's the recipients of government largesse, demanding more.
they typically have - which is odd considering that social security is designed to help the poor the least. you would think given that set up that there would be room for acceptance of Republican calls to means-test them.Medicare and Social Security are entitlements that benefit mainly the lower and middle class. They've always been considered a middle class issue.
“If we must have an enemy at the head of Government, let it be one whom we can oppose, and for whom we are not responsible, who will not involve our party in the disgrace of his foolish and bad measures.”
- Alexander Hamilton. Spiritual father of #NeverTrump