Topic: Democratic economic theory: the idea that the government can create wealth simply by declaring it.
Anonymous A started this discussion 1 year ago#119,519
Keynesian delusion, the idea that money itself is wealth, and the more you make the better your economy.
Cancel student loans but don't ask where the money comes from or you will realize the working poor are subsidizing the upper-middle class
Give new homebuyers $10,000 to help them buy a house but ignore that home sellers were charging as much as they could, and this will just raise prices by $10,000. And don't ask where the money comes from, because if the answer is homeowners, that means you are giving people the same as your taking, which is pointless. And if everyone (renters and homeowners alike) are paying for this, that means it's a redistribution of money from poor renters to middle-class homeowners.
Create new jobs by spending billions more but never think about where that money would have been, and what jobs it would have created if it weren't taxed to begin with
Confusing wealth with claims on that wealth is one of many examples of democrats being completely thoughtless.
Anonymous D joined in and replied with this 1 year ago, 23 minutes later, 7 hours after the original post[^][v]#1,310,099
Cancelling the studant loans is pretty bunk - it rewards the people that could afford to take on the risk in the first place. If college was free to start with (not arguing for or against that here), then it would really have been equal opportunity for everyone.
> lots of working class have loans for nursing school.
Those are not the people that are struggling to pay it back. Nursing pays for itself.
> rich ppl pay cash and often dont need that many loans.
I'm not talking about the rich, but about the millions of middle and upper-middle class that took out 6 figure loans for degrees with no job prospects and want the taxpayers to foot the bill.
> > taxes should come from those who have plenty ie big businesses and rich and go to better places ie jobs that woukdnt exist otherwise.
Those are exactly the people who avoid taxes the best. They won't be paying for it, even if the law tries to make them. Their money is protected, offshored, and they have accountants to make it look like they operate a loss.
It will only be the working class that ends up covering this.