Economy

Here is what Senator Warren said about canceling student loan debt. “What the data show us is that, because of student loan debt, there are many people who don’t move out of their mama’s basement, who can’t save up money to buy a home, who don’t start small businesses, who don’t start a family. You relieve the debt burden some for those people, and we have more economic activity,” she said. Note in particular the last sentence...we have more economic activity. If this is the case why not cancel credit card debt, auto loan debt and even mortgage debt. This would lead to a booming eoncomy.