The Sage of Main Street
Gold Member
This man's premise is bogus.
Just because people have suffered due to injustices in society does not mean that we should not move forward with remedying those injustices.
Nor does it mean that we're obligated to pay reparations for all those who suffered from those injustices for all of history.
She can move forward by coming up with a plan for more affordable college. There are many ways to do that. No one puts a gun to peoples’ heads to go into debt buying more college than you need. It’s like buying more house and car with high loans. If you can’t afford a four-year private college replete with all the amenities and takes a plane to get to, don’t go into debt for it. Community College plus two years at a four year state school that can be commuted to daily is an option.
Broad brush loan forgiveness is reckless and irresponsible which is pretty consistent with Warren.
Broad brush loan forgiveness is not going to happen
Making student loan payments fully deductible is achievable
If we can afford to give businesses a 40 percent cut in their taxes, we can afford to let students deduct their student loans
Businesses create jobs and taxpayers. Not sure what you think businesses ought to be paying in taxes. But, you may be on to something in the form of deduction student loans (within reason) and, moving forward, perhaps incentivizing pre-tax savings for college.
Tax cuts do not create jobs
They don’t create higher pay either
Businesses just keep the money
The people behind the business assume the risk to create the business and the jobs. Taxing requires no risk. Consider gas and oil companies. They may earn $0.07 on a gallon of gas they produce after all of the costs, risk, taxes, and regulation they must pay for. The Government gets risk-free money on their portion (cut)of the gallon.
Their Benefits Are As Excessive As If They Got Sex-on-Demand With Their Employees
Saying that businessmen create jobs is like saying that vampires create blood. Like the NFL and NBA, they use the colleges as free minor leagues.