Sophisticated economic jargon is routinely used to pull the wool over the eyes of the American people. We're consistently told we "don't have the money" for things that should simply be considered rightfully ours.
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A case in point is the 2017 tax cut v. the college loan debt crisis. The tax cut (83 cents of every $ went to richest people & corp) cost $2T, and the loan debt is less than that. The 2017 tax cut should be repealed, although the middle class tax cut part of it should be kept in.
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See what really went on there. We're told the tax cut was an economic stimulant - which it wasn't. THE REAL ECONOMIC STIMULANT WOULD BE TO REMOVE THE COLLEGE LOAN DEBT ENTIRELY. The release of creativity & productivity would immense, creating wealth across the board for everyone.
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So my proposal is not a plan that reduces the debt. My proposal is that the American people wake up on this one, realize how bamboozled we have been by trickle down economic theory for the last 40 years & ask for what we really want: Not just to reduce the debt. REMOVE THE DEBT.
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The Tax Cut WAS an economic stimulant! I have more money in my paycheck and so does my husband. This makes people go out to eat or buy those extra pair of shoes for their children, etc. This makes a strong economy. You should stick to A Course in Miracles.
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Totally agree! Putting that money back into the pockets of those folks would release a LARGE economic boom in our country, as the buy houses, cars, and raise their kids!!
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"My plan is for America to wake up" Wow
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Actually, that's just a transfer of wealth. The American taxpayers provided a subsidized loan to the students. The students not paying it back is essentially them stealing the loan from the taxpayers.
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Your getting closer hunny bunch of cheerios. You would wipe my oldest sons debt off the books while he's spending 6 months looking for his roots in Ireland. He's a millennial so he doesn't own a home or mow his own yard. But I'm sure he would be appreciative! Fire your advisors
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That’s purely wealth destruction.
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Why should I believe "immense"?
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Now that we've found love what are we gonna do with it?
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