Politics

Out of context: Reply #28283

  • Started
  • Last post
  • 33,772 Responses
  • sarahfailin2

    Senate's massive, $80 Bn spending increase would be enough to forgive student debt and make public colleges tuition-free. Trump only asked for $54 Bn. A 13% increase that would make our defense spending greater than the 10 next most-spending countries combined.

    https://theintercept.com/2017/09…

    • Sanders’s proposal was only estimated to cost the federal government $47 billion per year.sarahfailin
    • The US pays communist China $73.9 million a day in debt interest alone.monoboy
    • So they're gonna borrow more to make weapons to point at it's allies. Funny old world this.monoboy
    • If the gloves are off with nothing to lose, all they have to do is dump bonds, crash the dollar and hope it doesn't take the renminbi with it.monoboy
    • Such minute margins of error. Thankfully for us, a 'winning genius' is in charge of the free world.monoboy
    • isn't college debt more like a trillion and a half. not to mention the economics of such systems. two costs are growing uncontrollably edu and health
      ********
    • edu primarily because of gov backed loans and medical gov backed medicare policy. we keep thinking if we throw more money the cost will go down.
      ********
    • and surprised to see more bureaucracy and cost going up. which is in part also due to other gov involvements and non profit stuff
      ********
    • spend profits on expansions which usually also are bonded increasing costs. What has the gov done to decrease cost for either? Its so, so simple.
      ********
    • https://www.nytimes.…
      ********
    • same with obamacare. insurance and hospitals said cool... why would they do that? because it meant more money less competition
      ********
    • never intended to decrease medical cost only perceived costs through subsidization fucking the absolute middle class.
      ********
    • Edu and Health in the US uses free-market 'systems' aka personal borrowing and premiums to finance it. Premiums always go up as it's entirely profit based.monoboy
    • Leaving Uni's and Healthcare providers competing aggressively for the dollars like an arms race. Premiums then go up again. It's a vicious corporate circle.monoboy
    • Gov know it's busted so wade into the 'market' in an attempt to close the inequality gap rather than addressing the real issues.monoboy

View thread