The effect may be most problematic for borrowers who were already delinquent on student loans before the pandemic. That population took on 12.3 percent more credit card debt and 4.6 percent more auto loan debt than distressed borrowers who were not eligible for the pause
Wait, you mean people who exhibited irresponsible financial habits continued to make more of those decisions? No way!
They just keep on delivering. They are on a roll.
Wow, they arenāt done yet.
Oh, Iām sure they will get to it. Itās going to be a rough time for the snowflake, everyone gets a trophy crowd.
Sadly, I am not counting on it. There is tremendous effort to ācancel the supreme courtā.
Modifying the constitution would be insanely difficult. It might encourage them to pass tons of idiotic legislation that slows the court to a crawl while it deals with overturning all of it. If that is their best move, then thatās pathetic.
Constitution and court need people to believe in it. Thatās why there is elaborate vicious plan to brand the court as partisan, racist, and religious nutjob. Once US populace buy into that propaganda, the court loses all its legitimacy. I may sound like a downer on 4th of July but the leak that happened last year during Roe vs Wade was unthinkable - and even more that nothing came out its investigation. That was probably a liberal judge herself/himself doing itā¦
They court hasnāt been impartial in a LONG time. Itās easy to predict every vote along party lines of who nominated each justice. It is another political branch of government. I think a conservative court stays truest to the constitution though.
This is exactly why we canāt have temporary government assistant programs. Itās very difficult to get rid of them. The only reason itās sort of ending is Republicans demanded it to increase the debt ceiling. It wouldnāt be so bad if people used the payment pause to get ahead financially. The data says they did the exact opposite and took on even more debt.
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