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- cross-posted to:
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It’s funny because we’d actually be giving ourselves the handout because we actually pay taxes.
But Rich people and corporations have more money, so that means they’re paying more taxes? Right? Right? No don’t look at their returns, just trust them.
Easy: the latter has a lobby, the former doesn’t.
Next questionWhy is the general public so vulnerable to disinformation when it’s so easy to look things up?
Why look something up when you already know the answer? So long as you make the average person confident enough in their own ability to discern the truth - which isn’t hard, given most people’s desire to feel smart - you can get them to accept an enormous amount of misinformation at face value.
$7.25/hr, kids, 2-3 jobs, no healthcare, FB reshares are convincing
It is a stimulus. It stimulates the trickle-down part of “trickle-down economics.”
You should feel it hit your forehead any minute now… keep your mouth closed.
Because one is stimulating the economy and the other one is just more money in the pocket of the billionaires.
The PPP program forgave more than 700 billion in loans. But the $50k I took to become a fucking teacher, well by George I better pay up.
The PPP program tried to hand me a forgivable “loan” of $250,000 for a company that had only ever had a total of 4 employees, that I had shut down 2 years previously. I seriously considered taking the money…
You’re talking about changing real people’s lives. Giving entire generations back the wealth stolen from them.
Sorry can’t help you. We need to focus on the “economy.” Whats that you say, the economy is held up by college educated working class people? No, no, wrong economy. We need to help the “economy” cough wealthy bankers cough because they
give me…have…control… uhh distribute? all the money.Whenever you hear that “the economy” is doing good/bad, “the economy” just means rich people’s yacht money.
Because students don’t pay lobbies to bribe politician. I thought this is a well known fact about the politics.
They consider money inherently theirs and not yours. Entitlement.
I was told that “entitlement spending” was Social Security and Medicare.
Because of class warfare, plain and simple.
According to the owner class a single mother getting food stamps is a drain on the economy whereas corporate welfare is considered 'a sound investment in our nation’s future.
Because the Republican Party is still sucking Reagan’s dick. The thought process is if we eliminate all taxes for businesses they will be so grateful they will pay workers more and reduce prices which in turn will stimulate the economy because Americans will spend more because everything is so cheap.
Your average American is so gullible they still believe this bullshit to this day.
I think it all boils down to elasticity - conservatives seem unaware that it even exists. So they think that every dollar a business pays in taxes/wages will go towards higher prices, and every dollar of UBI will go towards higher rents. When leftists say “profit”, conservatives hear “revenue”.
And when you try to educate them about it, they pivot to an argument against basic econ 101.
Not saying cancelling the student debt is bad. But there is a pretty clear difference between debt you agreed to, vs that that’s forced on you.
You’re right. I never agreed for my taxes to stimulate rich people on their bad business decisions. Something something bootstrap and free market.
I suppose college is “optional” in a way but the other options were sold to us as not good enough and if we took them we weren’t working hard enough.
So you take the route you think you are supposed to where you work hard in school and take out a loan then you realize you were lied to and you can’t afford to reasonably pay it all back. So yeah kids going to college are given a choice but it’s not framed in that way and they are shamed into it in some cases.
On the other hand everyone is supposed to pay taxes so why shouldn’t the rich pay their fair share? Were they tricked into being rich? Are they struggling? Do they really need to be “stimulated”?
I suppose college is “optional” in a way but the other options were sold to us as not good enough and if we took them we weren’t working hard enough.
Republicans aren’t the ones who did most of the selling.
So you take the route you think you are supposed to where you work hard in school and take out a loan then you realize you were lied to and you can’t afford to reasonably pay it all back.
Makes you wonder if “education” lied to you in other ways.
So yeah kids going to college are given a choice but it’s not framed in that way and they are shamed into it in some cases.
I agree, I definitely was, and wasted some money on it- but at least realized it wasn’t worth going into debt to try, and instead went abroad for a fraction of the price.
On the other hand everyone is supposed to pay taxes so why shouldn’t the rich pay their fair share?
Why does the “fair share” always go up for everyone(not just the rich)? If its really about providing a service, why does the price increase infinitely with income? If I order a pizza and earn $10k a year then its $10 for a pizza? But if I earn $10B a year the pizza should automatically scale to a $10M pizza? What makes that pizza worth $10M? If its because the rich person wants more toppings and better quality, why not charge for those things, rather than just assuming they do and charging them more? If its about the fact that they can afford to help other people pay for pizza, ok thats a fair position, but they are then by definition paying more than their fair share.
I can tell by your fear of education that you probably chose not to go to college.
You do learn things in college just not necessarily the things you think you went there to learn.
Also it wasn’t the teachers who sold us on college. it was our parents and society and the colleges themselves and yes some of those people were most definitely Republican. This isn’t a dems vs Republicans issue really. It’s rich vs poor.
I can tell by your fear of education that you probably chose not to go to college.
I can tell by your not reading my comment, that you just wanted to insult me. I said I went to college… I did drop out because I was more happy working.
You do learn things in college just not necessarily the things you think you went there to learn.
That applies for literally anything you spend a lot of time doing.
Also it wasn’t the teachers who sold us on college.
It definitely depends on the teachers and the expectations for you. My classes were 30+ ACT scores(IB/AP classes), everyone was expected to go to college, teachers asked everyone where they were going, were surprised when my friend enlisted in the Army.
it was our parents and society and the colleges themselves and yes some of those people were most definitely Republican.
This is true, but predominantly I’ve seen the judgement from Democrats(whereas prominent Republicans have been pretty vocally anti-college). You can see the judgement in your own comment “I can tell by your fear of education”- treating college and education as synonymous. I don’t fear education, I oppose “education”(being organized and systematized factory education, aka schooling). I believe public schooling is largely responsible for the crisis of depression. I believe schooling suppresses within people their sense of creativity, adventure, wonder, and curiosity. I believe Prussian schooling was designed to make obedient soldiers and docile laborers. I respect those who skipped class to pursue what they enjoyed, I wish it had been me.
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That’s been pushed for in my experience almost entirely by teachers. Also, I am employed without a college degree.
Student debt forgiveness would result in spending money in wide range of area of the economy in turn inflation happens. The other side will be spent on feeding their cocaine addiction, it will be spent but only on a narrow area of the economy in turn little to no inflation.
You’re not wrong.
Inflation happens when too much cash is chasing too few goods/services.
That probably won’t happen immediately, because student loan holders will probably spend on pretty simple and fairly elastic stuff like food, transportation, entertainment, etc.
But that money eventually ends up in the pockets of wealthier individuals who will compete more ruthlessly over luxuries, vacations, properties, assets, etc.
If you add $1.9tn to the economy, you better have a good idea of where that money will end up long-term, and have a plan to prevent it from pooling in one spot.
So I’d say any plan to eliminate $1.9tn in working class debt should probably come with a plan to increase taxes on the owner class who will ultimately suck up most of that $1.9tn.
Sorry kid, you can’t get your car repaired this month and it’s another week of beans and rice. If you had any more money, we’d suffer from Inflation! Now think on that, because I’m taking the private jet to my vacation home for champagne brunch, which are necessary business costs that grow the economy.
Because forgiving debt is an act of giving (also known as ‘handing out’) money, and a tax cut is an act of not taking money you already possess.
Duh. Giving someone $20 and not taking $20 from them are not equivalent acts.
