If only there were a third option - let's call them "the rich" - who hoard inherited wealth and who could be made to pay this off somehow.pic.twitter.com/H7y6SeKgde
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$1.5 trillion. All student debt in the United States could have been paid off today. Just poof. Gone. Instead they mindlessly tossed it at the stock market and it did nothing. When you tell us better things aren't possible, you're saying your perspective is limited and small.
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The responses to this are just amazing: They *made up* money, you dolts. They made $1.5 trillion fucking *appear,* and then used it as loans. They're loaning a figment of their imagination, and they could do the same for more pressing problems than rich people. But they don't.
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There wasn't just $1.5 trillion in the fucking sofa cushions. They goddamn conjured it from the ether, because that's how money works when you're the people who define what money is and what it means.
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End of conversation
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Or they’re Republicans.
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I gotta ask, do you know it's a short term loan? 1.5 trillion could in fact wipe out student debt, but if we're operating with the same limitations, you'd just replace the peoples long term payment plan with a super short term one that would most likely ruin those people.
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*weeps at the $30k+ yet remaining on the loan after all these years of payments*
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Victory Gundam be like
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That and we can’t help you if you don’t already have money.
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