• runner_g@lemmy.blahaj.zone
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      7 months ago

      Prior to 2020, that line has an r^2 of 1, so I’d say he’s doing a great job at breaking the trend.

    • psycho_driver@lemmy.world
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      7 months ago

      Wasn’t there just an article on here about how the richest 1% of Americans (maybe it was globally) made 14.xx trillion in 2023? So 10% of that wealth from a single year could wipe out all student debt. I bet that’s less than what they evade in tax liability.

        • go_go_gadget@lemmy.world
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          7 months ago

          People in here really want us to give the guy a medal for making bare minimum fixes to a problem he created.

          • gamermanh@lemmy.dbzer0.com
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            7 months ago

            People in here really want to take in everything Biden has done and not just focus on shit from 3p years ago to be mad

            Damn, sorry we’re not single mindedly hate filled towards the guy

            • hark@lemmy.world
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              7 months ago

              Nope, just single-mindedly hate-filled towards anyone who dares to criticize dear leader. Just look at the mindless downvotes, including for posts pointing out simple facts. The student loan problem was caused in large part by biden himself, he shouldn’t be given a free pass for half-assedly attempting to barely scratch the surface of the problem he created.

              • june@lemmy.world
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                7 months ago

                It’s more than “pointing out simple facts”. It’s an onslaught of ‘he’s not doing enough’ or ‘yea but look at what he did before’ and absolutely ignoring the fact that what he’s doing now is in the right direction.

                I’m sick of all of the ‘yea buts’ I keep seeing in the comments rather than credit where credit is due. I gave Trump credit when he did the right thing, and Biden is due the same. It’s ok, good even, to be critical, but this isn’t criticism, it’s cynicism.

                • hark@lemmy.world
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                  7 months ago

                  Have you considered that biden is actually not doing enough and that he in fact is barely making a dent in problems that he himself created? Taking a hundred steps back and then taking half a step forward is technically “moving in the right direction now” but it’s too little too late, especially when there’s a cliff behind you. If someone blows up your house but then places a few of the bricks back to where they used to be, would you be giving credit where it’s due? Just forget that they blew up your house, you’re just being cynical! Hey, at least they’re moving in the right direction!

                • hark@lemmy.world
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                  7 months ago

                  So biden wasn’t key in creating the $1.7 trillion student loan debt problem? This time try responding without your brain short circuiting on key words that set off your canned response subroutine.

    • assassin_aragorn@lemmy.world
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      7 months ago

      You’ve unironically shown that he is making an impact. Since taking office the rate of increase slowed down to the point that actual debt has gone down.

      Presidents can seldom make decisions that show immediate results and drop things instantly, especially if they don’t also have Congress. Where you can see their effect is on the derivative of numbers like this, and that is a decidedly better graph.