The mind-boggling talking point that college debt cancellation will help the economy

my favorite part is how the coastal urbanites cheer this plan while also bitching about high rents

flood about a trillion dollars into those markets and see the rents explode

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Also, what exactly do these people think happens to the loans they pay back? That money isn’t burned or buried. It is going back into economy already.

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they just ignore this or any effects it would have on investments b/c they assume only rich people have them

The same logic that says increasing minimum wage will help the economy

Why stop at $15 then. Why not make the minimum wage $50. Or $100. Why stop at $100.

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my favorite part is how the coastal urbanites cheer this plan while also bitching about high rents

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I was on reddit arguing with users in the Seattle sub about the concept of a "living wage"

I said that a "living wage" sounds nice in theory but I was probing them about it.

What exactly defines a living wage? Is it universal for the entire country? Or is it set on where you live? Is the living wage the same for someone living in Peoria, IL as it is in San Francisco or Seattle? Does the living wage ensure your right to live in an expensive city?

What does the living wage cover? Does it entitle you to live in your own apartment? Or is it set on having a roommate? If it entitles you to be able to live in your own apartment, how many bedrooms? 1? 2? Does the living wage scale for how many are living under your roof?

How much groceries and food does a living wage entitle you to? Groceries from bargain bin grocery stores? Or nicer stores like Whole Foods? Does it entitle you to organic food and other higher end/healthy food? Restaurant food?

Does it entitle you to clothing? High quality clothing or low quality garbage from the likes of Wal Mart?

Does it entitle you to Heat? Air conditioning? Electricity? Utilities? Transportation? Your own car? Gas in your car? Public transportation? Uber rides?

What about luxuries and non essentials? Does the living wage have any wiggle room for that? Because I guarantee you some politician will say every American has a right to a vacation, or entertainment, or whatever.

I asked all these questions and of course got no responses. They just like to shout out vague ideas like "living wage" but disappear when asked to explain the details. That explains democrats perfectly. They love to spout their ideas in general, but only on the surface, please do not attempt to go into detail. They sound great on the surface, but bad when you dive deeper. Hence why "MEDICARE FOR ALL" polls well until you start asking deeper questions.

I can't help it if you won't think of the children, you Nazi.

This forgiveness program would be huge for me and my family. Freeing up over $1500/month that I could use to buy a bigger house or generally put into the economy.

But I still won't vote for hollow Democrat candidates that try to bankrupt our country just to buy a vote. How the hell do they expect to pay for all of this shite they keep promising? You can only "tax the rich" so much.