oddtuple

How would it cost the taxpayer more? Can you explain? The money has already been spent, and it’s already being collected in the form of taxes on those individuals whom are now earning more thanks to education. Why would we need more taxes?

What would it take to convince you otherwise? I mean this honestly, because I hear the above statement a lot and it’s very foreign to me. If anything it’s a long shot, sure, but the forgiveness is a great forcing function. We can tackle this from multiple angles. Nationalize state schools, write off current predatory loans, etc. There are very few downsides that are actually backed up by data that I can find. A lot of the arguments presented here (not you, others) are philosophical

I’m having trouble seeing how student loan forgiveness and this are equivalent. Can you elaborate?

I’m done. You’re not engaging with what I was saying, and instead are talking down to me and others like we only care about ourselves. Please, please try to listen to the points people are making.

You’re the one approaching this like it’s some incredibly complex issue, it’s really not. But okay, let’s play your game. Describe the real material harm caused by this forgiveness. Is it inflation? There’s a lot of research saying that’s bogus. Is it an overstretching of powers? Seems pretty minimal compared to existing powers, and it seems like this is right up the executive and DOE alley… what exactly are you upset with in the real tangible sense? What concrete harms are happening that are backed by data and not just a myopic world view? Please, really, enlighten me

I’m flabbergasted at the reasoning here, I see it the exact opposite. Give people breathing room and then they’ll be able to do the democracy stuff.

Seems like a good analogy to me

Disagree, this is a lot of word salad to justify not helping people.

Then nationalize the schools like every other major OEDC nation. This isn’t rocket science. I swear this country sometimes.

Sure, but I know that YOU know that people talk about these items together. The general tone of this convo has been that nothing helpful has come from these actions, and that’s not true. It’s been stated it was all politics, and we know that’s not fair, as some good has happened as a result.

Now, if we’re going to argue about the very specific loan forgiveness being effective, then sure, it has been currently struck down. But I have trouble believing that nothing good has come from it, if only by forcing this convo, and convos like these taking place.

Sometimes you have to do something loud to get people’s attention; it certainly got yours.

Yes, but their loans still are, and that’s the problem bud

Because there is no new money being created, no one is being paid more, that amount is already being charged because the students already have that money as they aren’t paying loans. Also, if they were paying loans, there would still be the same net amount of money in the system

I honestly don’t know what to say to this. If the meat of your argument is “they’ll never do the right thing, they’ll just keep stalling “, it kinda feels like you just don’t have faith in our government at all. In which case there’s nothing I can do to convince you otherwise.

Yes, yes it is

Remember, student poor because they do vacation

I dont even know where to start with this. How many times do we all have to have this same conversation. “Student loans being forgiven does not increase inflation, as no new money is being injected into the economy”. It’s either spent before being collected, or spent after being collected by the gov”.

Guys, seriously, we’re not talking about people taking loans out to do blow and hookers, they’re trying to get an education. You’re all acting like we’re just going to give out forgiveness and then throw our hands up and doing nothing after that.

I thought we were talking about student loans?

That’s patently untrue. We saved tens of thousands of dollars in the interest pause alone.

That’s not how economics works at all, so tired of hearing this

You realize we can do both right? Forgive the loans AND tackle the rising cost of tuition by nationalizing? I swear it’s this same myopic response everyone, no one can ever imagine there’s a step two.

This is something I wonder about often as well. Why are all these coastal cities constantly being pumped full of money in the form of new building and real estate ventures when the forecasts show how risky of a long term investment it is? Sure, you can gain some short term profits, but these investments are being made by large banks with access to data on what these investments will look like _over decades_.

Are people just planning on sea walls, dikes, and other mega projects to deal with shifting coastlines? I can understand it for certain financially entrenched areas like New York City, but still... we're talking 10s - 100's of Billions in infrastructure to preserve these cities.

The cities themselves have an existential threat, one which they _have_ to throw money at to solve. It's the outside investors who _also_ throw money at these areas with the knowledge that _their_ investment requires these mega projects to pan out when there are other less risky investments that I find so mind boggling.

I don't know man, the CCP is kinda anti democratic...