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The President Lovely Life Is Full Of Important Choices Golf Shirt does not have the power to spend 2 trillion dollars by executive order – that is Congress’ responsibility. The federal courts would not allow Biden to abuse his executive authority like that – just like they didn’t allow Trump to abuse his executive authority and spend 6 billion on his wall. We do not have a king and we don’t want one, especially considering the people who have held the office and the way they would use that power. The student loan debt in the US sum to 1.56 trillion dollars. What will happen to the banks and institutions that loaned out? They will collapse and take the whole economy with them.

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It will make the crash Lovely Life Is Full Of Important Choices Golf Shirts of 2008 pales in comparison. Just mandate a roof on interest or something, maybe have the state pay off a few percent, especially for low-income households. But just wiping out the debt… That is Trump level madness. Yes, the president can certain things like defense, national security, or taking action in times of conflict or war. Last time I checked ‘student loan debt’ is not an issue of national security, nor war against private lenders. It DOES in fact deal with private contracts between private citizens and private lenders — civil matters for the courts to decide, which they already have: their learned conclusion remains that deadbeats should pay their bill.

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