It would be cheaper to foster an economy with more better-paying jobs so students would be able to pay off student loans, than creating a student loan relief program.
It would be cheaper to foster an economy with more better-paying jobs so students would be able to pay off student loans, than creating a student loan relief program.
I mean, seriously. I was stupid enough to take on the burden of student loans. At least give me the dignity of having the responsibility of paying them off.
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How? How do you foster this economy? Through what means?
Cutting taxes, removing frivolous programs, making it easier to start a business, making it easier to run a business, removing unnecessary restrictions to spur innovation, reducing the military budget...there are a lot of ways.
We could remove the burden of employers to provide health insurance by providing single payer health care.
That's a good start. To help employers more we could eliminate minimum wage and provide a safety net for entrepreneurs simultaneously via universal basic income.
Yes, tax cuts have always led to much higher worker pay...
Are you crazy? That type of trickle-down nonsense has been thoroughly debunked.
You know what would make it easier to start and run businesses? Not having your most educated populace be heavily in debt. Building social safety nets so that starting a business isn't as risky. Making it so healthcare isn't tied to employment... you know what maybe taxes on the extremely well established businesses should be increased to pay for that.
What unnecessary restrictions are currently hampering innovation in your opinion?
No, no, no!
Forcing the people with the most up to date expert knowledge to "work for the man" during their prime risk-taking years (before having family responsabilities) because they're force to due to debt, rather than being free to take risks as inventors or entrepreneurs, is a well known way of "promoting innovation"!!!
/s (just in case).
I pay a lot of taxes. Those taxes are, primarily, used for the common good (schools, health care, roads, infrastructure etc.) Whatever is left of my paycheck I can spend as I see fit.
I doubt cutting taxes will help y'all. Putting taxes to good use will
Cutting taxes doesn’t trickle down. Making it cheaper and easier to run a business doesn’t either. Removing “frivolous programs” has tanked the economy.
If you want to see what caused the end goals you speak of it was the new deal. Massive public investment paid by high taxes on high earners.
I think student loan write-off is putting money in the hands of young, educated, mostly single people, which is aimed at spurring innovation by allowing people to take risks at the start of their careers. So it's not all of the things you've listed, but it's one of the things. It's similar to cutting taxes in effect.
I'm in Singapore, it's stupid easy to run and start a business (I've helped with a few startups myself). Doesn't translate to better paying jobs, let me tell you that.
Trickle down economics doesn't work dude
Totally agree. For the last few decades we've been gleefully giving the government money hoping it'll trickle down to the economy. I guess we are getting a bit of a trickle. More like a tinkle. Like when you get up to pee but your bladder ain't as full as you thought it was.
Annnnnnd you lost all credibility. Complete drivel.
Hey ya want some more of that koolaid? Lmfao peddle this nonsense elsewhere.
Now THAT is an unpopular opinion!
Growth from the bottom up is important but you aren't gonna get there with those changes.