But why are those people poor in the first place? Oh that’s right, corporate extraction over a century where productivity went through the roof and wages stayed stagnant. 
1. government caps allowable interest rates 2. corporations stop issuing credit to poor people 3. government laments that poor don't have access to credit 4. government subsidizes credit facilities for poor people 5. debt crisis 6. corporations are evil.https://twitter.com/SenSanders/status/1138947200933859328 …
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It’s all part of a corporate conspiracy to keep people poor so they can’t buy any of the goods they sell.
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That’s because the hypothetical future I laid out hasn’t actually happened yet.
End of conversation
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Paternalism with a dash of the soft bigotry of low expectations. The implication being that poor people are incapable of paying off their statement balance and would necessarily be subjected to the rate. Maybe, just maybe, this card could be better than no credit at all.
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I would be curious to see the numbers around how much gov-facilitated credit for the people with bad credit contributes to the deficit... At first thought it seems that there would be bigger drains on the deficit
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(cough) student debt (cough, cough)
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We all know the US government was founded on land theft of Native Americans and labor theft of African Americans. It should surprise no one that it’s designed to screw over the most vulnerable and valuable populations.
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Now do min wage laws ;)
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