With sky-high prices leaving many at the cash register with sticker shock, there are other avenues to consider to help alleviate record-breaking inflation levels.
Joe Biden has provided billions of dollars in handouts to high-income people. The most recent example is his administration’s decision Wednesday to suspend student loan repayments yet again, through Aug. 31. It did that even though people with big student loans tend to be people with high incomes, like lawyers and doctors. Most people can afford to make payments on their student loans, because the unemployment rate is only 2 percent for college graduates aged 25 or older, and less than 5 percent for recent graduates.
Joe Biden has provided billions of dollars in handouts to high-income people. The most recent example is his administration’s decision Wednesday to suspend student loan repayments yet again, through Aug. 31. It did that even though people with big student loans tend to be people with high incomes, like lawyers and doctors. Most people can afford to make payments on their student loans, because the unemployment rate is only 2 percent for college graduates aged 25 or older, and less than 5 percent for recent graduates.
The American Boating Congress is a great opportunity for our industry, dealers included, to voice concerns directly to lawmakers and congressional staff.