September 2nd, 2010
With any upcoming U.S. Federal stimulus funds, why not pay-off the citizenry’s student loan debts and give the up-and-coming generation a fighting chance to get ahead in the modern era of decreased labor demand, minimal American manufacturing, a decreased dollar value, inflated educational costs, inflated prices, and stolen birthrights?
…And such a plan seems like a ‘win – win’ situation….
All the stimulus monies would go directly to the banks and financial institutions, just as previous stimulus monies have essentially been awarded up to this point in time…..which, of course, will keep the banks very happy and such would likely please the politicians that seem to care foremost for the banks and secondarily for their constituents. Additionally, not having to pay the massive student loans would free up money for recent graduates; money with which they may likely buy property and bolster the currently devastated real estate markets.
Adam Trotter / AVT
PS. If the Federal government and The Fed can not figure out simple things like this, they should be aware that I am available for consulting. :)