So let's just expand Obamas great idea.
Reduce and/or forgive student loans.
If this is a good idea then, Let's just have everybody show up for work only on one of five days a week, their choice of day. They get full pay for the work that they are not doing even though they agreed to do it when they took the job.
Then after 20 years of one day work week, they don't have to even go in. Just retire and get full benefit of SS for the rest of their life for that hard work they put in.
Then because this worked so well we will extend it to home loans. Just make at least one payment a year and once you have paid a minimum of 10% it's yours, free and clear. You didn't mean it when you signed the papers about repaying it in full. Those bad bad investors that backed your loan can afford! Hell, the government can pick up the tab.
The best thing is it even works for credit cards. Since you only have to pay a minimum payment now all you need to do is MANDATE that after 10 or so years it is forgiven.
This plan will make it possible for everyone to be bill free and retire in 20 years.
Doesn't that sound great!
Oh I almost forgot..... free health care.
Isn't this country great!
HOPE for CHANGE!
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