Dumb Trump supporters raise mortgage rates, reduce money for Social Security and Medicare, and Make America A Laughing Stock.
Important to remember, in many cases it was a goal, not a side effect. When someone lived out their life and they’re kinda miserable and unfulfilled, they might justifiably hate our world, in a sense. There’s really only one way to take revenge on it, and that’s to perpetuate and worsen the shittiness so that nobody can hope to escape it.
Misery loves company, or so the saying goes.
Says a lot about the people that absolutely don’t want for student debt to be cleared in the USA because they had to clear it themself.
The worst part is that the student debt they paid off was a small portion of the debt that people cannot afford to pay off now because the same people defunded universities.
When I was a young kid a summer job at minimum wage could pay for a year of state college. By the time I attended a summer job paid for a semester. Now a summer job at the minimum wage will barely pay for books, since the minimum wage has stagnated and tuition goes up year after year.
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I don’t think it’s particularly complex.
They captured state houses and gutted state budgets for direct funding to universities. Simultaneously, democrats tried to make up the difference at the national level by pushing for and getting pell grants, which are dedicated grant funds. This means there’s a dedicated amount of federal funds on the table every year, which mitigates against the market forces that would otherwise push tuition prices back down.
Students are then encouraged to take personal loans to cover the manufactured shortfall. Students can’t discharge this in bankruptcy, which encourages bad lending practices.
Almost all of this is very normal cause and effect with plenty of analogous historical examples, so even if we the idiot people don’t get it, you can be pretty sure that our highly educated and wealthy elected officials knew exactly what would happen.
If this were all too confusing or complex to know the outcome, then at least some of the time we’d see benefit randomly go to the individual. But it doesn’t, ever.
That last paragraph is a mess. Nice.
