• prole@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    1
    ·
    1 year 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
      link
      fedilink
      arrow-up
      1
      arrow-down
      6
      ·
      edit-2
      1 year 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
        link
        fedilink
        arrow-up
        2
        arrow-down
        1
        ·
        1 year 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.