The Chump Effect

Exactly housing is FAR more important than higher education why don't they pay off my mortgage.....................oh that's right I am the chump who paid his off so I'd get stiffed on that one. And the COVID stimulus, well guess what I'm just retired now and my income is gone except for SS and my retirement funds but because I worked at a job that paid me quite well, commissioned industrial sales, so my "stimulus check" was a pittance. And instead of doing the right thing and official retiring instead of convincing my employer to lay me off were I could collect the $600.........................chumped again.

People get a higher education to make more money as the average no college educated makes about $40-$50K a year while the average college degreed is going to make between $80K - $100K and have about $66K in student loan debt at graduation bachelors degress about half that, https://www.savingforcollege.com/article/average-student-loan-debt-at-graduation. Well the difference between the $50K and the $80K for 2. 2 years and pay off the debt. Why should people only making $50K pay for your college, take the much difference over there entire life and they will make hundreds of thousands if no millions more.

 

Your source has ZERO credibility!

That DISINGENUOUS story is playing the readers for CHUMPS because it is a DISHONEST attempt to INFLAME the EMOTIONS of the extremist right.

In essence what the chumps in question are DEMANDING is REPARATIONS for having paid for college while DENYING those who have become ENSNARED in the college debt scam from any meaningful form of relief.

 

Of course, any right-positive article or source has zero credibility, automatically. If you thought it did, you might have to genuinely consider the points they make in your perception of things, and that would very inconvenient. Easier to simply dismiss anything you don't want to hear. That has become such an accepted practice, that the left can't think any other way. That's why they are where they are, and no longer within the boundaries of reason and self-control.

Are you ensnared by the debts you created and agreed to pay, and think someone else should step and bail you out? A victim of the people you asked to loan you money and promised to repay on terms you agreed to?
If so, they were the chumps- they believed you.

 

Lack of rebuttal with you false claim noted NR is one of the most respected journalistic mag still being published and were NOT huge Trump supporters.

You got nothing. But in the future I will note to you that the NYT the WaPo the Atlantic the Nation MSNBC CNN NBC ABC CBS NPR et all have no credibility by your own measure so please retrain from using them as sources.

 

Your FAILURE to address the SUBSTANCE of my response only harms YOUR credibility!

Sad!

 

....And I'm still paying on a student loan from 2000. I'm nearing the finish line. I can see an "equal protection clause" law suit comin on.

 

No. The tax cuts sunset or are temporary because the plan must meet budgetary constraints, it didn’t.

In other words our representatives voted for a bill they knew was fiscally reckless.

At least the last three rounds of tax cut plans has fallen in this category.

 

And had enough Democrats voted FOR the cuts they would have avoided those budgetary constraints, they didn't. So they simply need to be renewed or get enough Democrats to make them permanent. And in other words they voted for a bill they knew would expand business and put people back to work making more taxpayers and increasing revenues while lowering expenses for welfare and other government support.

 

Interesting stuff pops up when you google....

https://www.irs.gov/taxtopics/tc751#:~:text=The current tax rate for,employee, or 2.9% total.

 

You are the one who would not address the substance of what I posted instead declaring National Review and non-quotable source so as I said in the future I will note to you that the NYT the WaPo the Atlantic the Nation MSNBC CNN NBC ABC CBS NPR et all have no credibility by your own measure so please retrain from using them as sources.

If you want to withdraw and discuss the substance of what was post feel free.

 

Im listening.

The discussion is on the chump effect, and the fact poor republicans still pay taxes at their income level despite voting republican so they wouldn't have to do so.
If you vote republican and make less then 140k, its looking more an more like you are just a chump. Especially if you have been complaining about SS eating away at your income, while voting in a party that perpetuates taxing the poor :IE you over the wealthy, IE Trump who loses more money then most have ever contributed to SS when the market dips a point.

THEN have the audacity to b$%tch about others benefiting if Biden forgive student debt! Worrying about others when they benefit, but telling people to not worry about the rich, cause their spending "doesent effect you". In a country where money is everything...

Id say they are chumps, and only have themselves to blame.

 

I did not read the James Meigs essay but I disagree with the basic premise. The very nature of change is something different whether good or bad. The old man wanting Warren to refund him for tuition paid under hen new proposed system would be akin to someone asking for a money returned for taxes paid after the Trump tax cut. Most proposed policy changes are not retroactive. If Trump succeeded in his new health care plan and covered everyone with per-existing conditions would you expect him to compensate everyone that paid their medical bills in the past?

The only "Chump Effect" I see are people believing his article without applying the tiniest bit of reason to it.

 

Oh! Full benefits. The amount is based on earnings. In contrast, the recent covid stimulus gave unemployed a bonus and made it harder for employers to fill positions because workers made more not working. We can all agree with having a safety net, but it should not be used as a hammock.

Getting back to Chumps, we are told that higher taxes create a better society, helps the poor, increases the quality of education, and makes a strong infrastructure. CA votes for higher taxes and is still the poverty capitol of the US. Schools rank with the lowest and our roads are crumbling.

 

I’ll be the chump who prepaid for my kids education to insure lower prices. Stupid me for being responsible!!! I shouid have spent all my money and hoped and prayed that the govt would pay for it all.

 

The loans are for retroactive spending which Warren proposes now the government absorb that spending. The two people got their education at the same time but one had their family scrimp and save and they worked during the school the other did none of that andninstead postponed the payment. Why habit fair to reward the latter but not the former? Who was the chump.
I worked hard and saved and did not buy more house than I could afford and a few months before retirement made a susbstantial last payment to pay off the mortgage about a year ago. What if now the Progressives say "OH older people should not have to have mortgages so we will have the government take them all up and pay for them" Who would be the chump? Is that fair to seniors who lived more fiscal conservative lives?

 

Policy decisions often impact past behavior unfairly. The fed can make changes that would lower interest rates. People in the past could have locked in their interest rates long term on mortgages or bonds. In one case it benefits them in another it hurts them.

 

Sp liking out all the hyperbole, you feel anyone who actually pays into the societal pool which supports the elderly or disabled, is a 'chump'?

While I am neither Republican nor Democrat, most people do not object to paying into societal pools that help the elderly or disabled because that is what humanitarian minded people do, not to be confused with Socialism. Apparently, if I understand your post correctly, people who actually paid for things like social security, college educations and the things they wanted, are 'chumps' because people should be able to get them for 'free'?

 

What a load of twaddle. You think that elites are the only ones who blithely ignore others?
That's the motto of the 'you're on your own' crowd.
Decent people get tired of greedy, selfish, bigoted, intolerant people who get angry when called out for it.
Right now, the biggest snowflake on the planet is trump, and he inspires others to be as deplorable as he is.
Here's what someone who knows him very well said-

https://www.mediaite.com/radio/howa...of-a-year-just-like-all-his-other-businesses/

 

What's the twaddle part and be specific?

"Elites such as Warren blithely ignore the anger they generate among people who dutifully follow the rules every time they suggest a carve-out for whatever politically powerful group they seek to appease and flatter. “You’re laughing at me,” the man told Warren. In effect, she was, by suggesting a large class of people be rewarded for indolence, lack of discipline, poor planning, and miscalculating the cost-to-benefit ratio of higher education. A society that creates favored groups is a society that creates chumps, and a society of chumps is an angry society."

First those are not my words those are from the cite I provided and nowhere does it say "only elites" so down your strawman

And here comes the diversion to Trump, sorry go start a tread as if we don't have enough of you whining about him.

This is about WARREN who may be our next Sec Treasury. Now explain to me what is fair about what she said bascially laughing at this guy who sacrificed and struggled to afford to put his daughter through college only to have Warren say they will will eliminate what is owed on the college of others who did not do the right thing and instead went into debt and now whine about having to pay it back.

As I said would it be fair to all us seniors who met our financial goals by living within our means and saving and sacrificing so the we have no mortgages when we retire only to have the government tell those who blew all their money and never saved and now have mortgages and on SS for income that the the government will just pay off their mortgages because it's not fair the former people don't have to pay a mortgage? Who would be the chumps?

 

You misunderstand if you think im not for contributing to societal pools. The chumps are the ones who DONT want to contribute under the guise of taxes are robbery, yet find their taxes still going to support corporate welfare.

 

Ok, im not a defender of everything California number 1. That being said, alot of the issues you have with Cali would only be compounded with conservative policy. Crumbling roads, yet any conservative policy would have tolls thrown up, and sold to the highest bidder to insure only the wealthy could travel. Education would be a joke with conservatives running the show...preaching what, religion? Thats fine for private schools but thats everything Cali doesent stand for. And as for helping the poor, iv yet to see economic growth end with republican leadership. At least during my 25 year working carrier. The democrats just do it better everytime.

 

Perhaps. That would mean we have the same issues, but pay less in taxes. CA has a ton of toll roads. We call them Lexus lanes.

As far as education, luckily, charters schools are doing well in spite of fierce opposition from unions. Democrats insist the child attend the school assigned to them based on their address of face enrollment fraud charges. My high school so dangerous, the school paper had an obituary section

Since both parties are just pushing their own list of abusive overreach, I can support wither side, For me, the less government, the better.

 

Thank you for CONFIRMING that you FAILED to address the SUBSTANCE of my response thereby harming YOUR credibility!

Have a nice day!

 

So exactly where do you derive that from my posts?

 

Actually my response to you was I'm listening for YOUR opinion.