this post was submitted on 30 Jun 2023
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The Supreme Court ruled Biden's student-loan forgiveness is illegal, meaning borrowers will resume payments without debt cancellation this year.

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[–] Aesculapius@kbin.social 111 points 1 year ago (3 children)

Taxpayers spent over $1 Trillion on the PPP program, of which, $200 billion is thought to be fraudulent. Another case of only corporations get socialism in the US.

[–] LegendofDragoon@kbin.social 54 points 1 year ago (7 children)

Already rich people get 1.7trillion in tax cuts: crickets

Former middle class Americans get 400bil one time payment: oh fuck no

[–] Ganondorf@kbin.social 8 points 1 year ago (1 children)

The sheer audacity and stupidity of the hypocrisy is staggering and enraging.

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[–] nameless_prole@kbin.social 2 points 1 year ago

Oh no, not crickets... More like exuberant enthusiasm.

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[–] Ertebolle@kbin.social 37 points 1 year ago (1 children)

That's not even all of the fraud, that's just the really obvious stuff - overseas scam artists inventing fake companies. Rich members of Congress getting PPP loans for their "businesses" and using the money to buy yachts doesn't seem to be counted.

[–] kestrel7@kbin.social 1 points 1 year ago

Surprised Pikachu face

[–] holo_nexus@kbin.social 4 points 1 year ago

“Capitalism on the way up, socialism on the way down”