• prole@sh.itjust.works
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    11 months ago

    Student loan debt wouldn’t have been “cash” either. They’re federal loans. They’re just numbers on a computer at this point, and wiping it out would be trivial (as we’ve seen with the continued, successful, attempts for the Biden Admin to continue forgiving these loans on the sly using whatever loopholes they can).

    • SCB@lemmy.world
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      11 months ago

      What I’m saying is that they say “give $X of aid” but really they’re giving $X worth of munitions and equipment they already have.

      Money on a computer is still money

      • joatmasterofnone@lemmy.world
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        11 months ago

        Actually no. It it not always physical goods. Most often it’s a line of credit, basically a way for the government to kick back more funds to contractors that then kick back to bureaucrats and politicians.