Quote:
Originally Posted by Did you just call me Coltrane?
Because the government uses it as a solution all the time?
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In bankruptcy, yes. But wholesale debt forgiveness is a new thing. It's a jubilee - the ultimate "moral hazard" according to ardent capitalists.
I also forgot to note, how can one assume it's tenable to give away that much cash to people who chose the higher education route while giving nothing commensurate to those who didn't? A guy who went to trade school, got an HVAC certificate, and took out bank loans to start his contracting business should then also get the same equivalent benefit from the government.
But those people were not on the radar of the architects of Democratic policy.
