Re:We Must Cancel Everyone’s Student Debt, for the Economy’s...
by toomuchtodo on Saturday February 10, 2018 @11:04AM
(#16347848)
That’s a great question, but out of scope for modeling a financial solution to student loan and pension obligations.
We’ll need a way to retask redundant military employees and defense contractors, otherwise we’re trading one inefficiency for the other.
If halving military spending is a hill too far, less reduction can occur and still accomplish a student loan and pension obligation debt “wipe” (~$1.5T in total is needed).
Somewhat unrelated: rolling VA spending into Medicare and implementing universal healthcare would extract enormous cost savings, further reducing DoD spending.
Appreciate you asking me to show my work. I think I’m going to run for office now.
We’ll need a way to retask redundant military employees and defense contractors, otherwise we’re trading one inefficiency for the other.
If halving military spending is a hill too far, less reduction can occur and still accomplish a student loan and pension obligation debt “wipe” (~$1.5T in total is needed).
Somewhat unrelated: rolling VA spending into Medicare and implementing universal healthcare would extract enormous cost savings, further reducing DoD spending.
Appreciate you asking me to show my work. I think I’m going to run for office now.