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2020 Democratic Presidential Nominees

Warren is on fire because she has declared the best free pizza party Friday? Jesus we are fucked.

Just because you don't like her plan doesn't mean it's some fantasy. Unlike infrastructure week or building the wall, Warren has a way to pay for her proposals.
 
Warren is on fire because she has declared the best free pizza party Friday? Jesus we are fucked.

Rube prefers to watch people hoard cheese, flour, and pepperoni.
 
For those of us who had to pay off student debt, I demand reparations!

Exactly.

So, for those idiots that actually honored their debt obligations, they are hosed for being responsible and managing to pay off their debt or most of their debt?

Why is it good policy to reward people that can't pay their debts and penalize those that do?
 
Just because you don't like her plan doesn't mean it's some fantasy. Unlike infrastructure week or building the wall, Warren has a way to pay for her proposals.

An "Ultra-Millionaire Tax" is a fantasy.

It would have been more realistic if Warren stated she was planning to pay for it with wampum.
 
Just because you don't like her plan doesn't mean it's some fantasy. Unlike infrastructure week or building the wall, Warren has a way to pay for her proposals.

No she doesn't, her proposed wealth tax is remarkably unconstitutional and has zero chance of holding up in court.
 
Exactly.

So, for those idiots that actually honored their debt obligations, they are hosed for being responsible and managing to pay off their debt or most of their debt?

Why is it good policy to reward people that can't pay their debts and penalize those that do?

This is the foundation of the new socialist party.
 
An "Ultra-Millionaire Tax" is a fantasy.

It would have been more realistic if Warren stated she was planning to pay for it with wampum.

Your racism aside, why do you think that an ultra millionaire tax is a fantasy?
 
Exactly.

So, for those idiots that actually honored their debt obligations, they are hosed for being responsible and managing to pay off their debt or most of their debt?

Why is it good policy to reward people that can't pay their debts and penalize those that do?

Because it's not penalizing those that paid theirs off, and it's not a "reward" for those that are currently suffering from crippling debt. To frame the policy as such is to ignore the fundamental economics that underlie it. RJ put it relatively simply above re: Wake Forest: tuition used to be 30% of average per capita income, now it's over 130% of average per capita income (using his numbers, I don't know Wake well). Public schools aren't much better. In 1970, public universities cost around 20% of average per capita income, now it's well over 50% and only increasing. So to start, anyone who has entered college in the last 10-15 years got screwed and the kids who are entering college now are even more screwed.

In addition to college costs skyrocketing, it's never been harder to find employment without at least a 4-year degree. I am in the process of applying for jobs (pending May graduation) and my entry level salary range is around $40,000 on average. But, every single job I've applied for has at a minimum required a 4-year degree plus at least 2 years experience in the field, and most of the jobs have "preferred" qualifications of a post-graduate degree. And paid internships are increasingly rare and most likely only available for a very privileged few, so most college students are forced to work as unpaid labor until they graduate to meet the work experience requirements and then hope that those hours put in for free turn into an opportunity somewhere.

So college costs are huge, decent paying jobs are mostly unavailable to anyone who doesn't have at least a bachelor's degree, and it's nigh impossible to find an internship to gain experience that will pay you for your work. So how do you pay for all this? Student loans. And what increases as college costs increase and it's difficult to find any work experience that also pays? Student loans. Giving relief to Gen X and millennials will likely boost the economy as literal billions of dollars become available for millions of Americans who otherwise would be paying off interest for the next 20 years. And it will allow Gen Z kids and the next generation to have peace of mind that they are not going to be totally fucked in 5-10 years because college ruins them financially for the next 3 decades.
 
All statistics courtesy of College Board and the US Census Bureau
 
No she doesn't, her proposed wealth tax is remarkably unconstitutional and has zero chance of holding up in court.

It's not unconstitutional at all. Otherwise only a flat tax with no deductions would be legal.
 
Your racism aside, why do you think that an ultra millionaire tax is a fantasy?

The current landscape of the courts will never allow it. The only way she gets it through is if she also stuffs the court. If she stuffs the court with six hyper partisan justices look for unrest the likes of which we haven't seen since the civil war.
 
Weird how capitalists would rather see capital going toward servicing debt for old credentials than toward buying their goods and services.

If you’re wealthy enough to pay that wealth tax, you’ll probably make it back in all the purchasing power gained by adults under 55 years old.

And if you already paid your loans, you probably benefited from going to school when tuition was much lower and a degree was more valuable. Those are your “reparations.”
 
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It’d be the same type of unrest we have now. People protesting and complaining but otherwise doing nothing because for the most part people just wanna live in their comfort bubble.
 
Exactly.

So, for those idiots that actually honored their debt obligations, they are hosed for being responsible and managing to pay off their debt or most of their debt?

Why is it good policy to reward people that can't pay their debts and penalize those that do?

This horribly bad take is getting ripped apart on Twitter -- need to read the replies on this one:

 
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