Notice how whenever we pursue large spending increases + tax cuts for corporations, contractors & the connected, it’s treated as business as usual.
But the moment we consider investing similar
in working class people (ex tuition-free college) they cry out it’s “unrealistic.”https://twitter.com/washingtonpost/status/1153421402218913792 …
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Replying to @AOC
"Tuition-free college" benefits college professors and bureaucrats not working-class people.
25 replies 15 retweets 280 likes -
Replying to @NickSzabo4 @AOC
Jermeh ☣️ [Google: "The Cantillon Effect"] Retweeted Jermeh ☣️ [Google: "The Cantillon Effect"]
not just working class people it's predatory on the students themselves:https://twitter.com/n00bedJermeh/status/1153479237837434880 …
Jermeh ☣️ [Google: "The Cantillon Effect"] added,
Jermeh ☣️ [Google: "The Cantillon Effect"] @n00bedJermehReplying to @n00bedJermeh @JGMontoyaSThe thing is even though my education was nominally "free"* it fucking wasn't the opportunity cost I missed by wasting my time there given I make $50k/year was $200k in a job that doesn't require a degree, combine the time in the military which only paid about 20k/yr: $320k total2 replies 0 retweets 3 likes -
actually, fuck the 20k/yr I was getting in the military, that was me stealing from taxpayers. 8 years of the prime of my life to pursue higher education, only after, realizing it was crap. And learning so much more for actually free! I gave up $400k pursuing something: worthless.
4 replies 0 retweets 9 likes -
literally the highlight of my finance degree was a thomas sowell and milton friedman hr long youtube video and figuring out the future value of an annuity which takes 15 minutes to understand. That's not worth 4 let alone 8 years of one's life not earning.
1 reply 0 retweets 4 likes
Now compute that with negative interest rates.
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