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We could just forgive the debts. We don't need a compensating tax when inflation is this low.
by AlexCoventry 9y ago
We could just forgive the debts. We don't need a compensating tax when inflation is this low.
- gicadin 9y agoThis would be a slap in the face of some people who went to school and worked odd jobs to pay for tuition.
- aaomidi 9y agoNot doing it would be devastating for the economy in the long run. It's a hard choice but macro is more important than micro in these decisions.
- sintaxi 9y agoIts a mistake in the long run to socialize risk. These former students are defaulting because the courses they took have no value in the marketplace.