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We really did break America. Now everyone is looking for loopholes or they want to subsidize everything. Of course, the subsidy is soon folded into the price
by melling 7y ago
We really did break America.
Now everyone is looking for loopholes or they want to subsidize everything.
Of course, the subsidy is soon folded into the price and quickly makes the problem worse.
https://www.forbes.com/sites/camilomaldonado/2018/07/24/price-of-college-increasing-almost-8-times-faster-than-wages/ https://www.forbes.com/sites/camilomaldonado/2018/07/24/pric...
Healthcare, the cost of infrastructure, trillions in unfunded pensions ... now we’re adding a trillion in debt every year.
I don’t really see how this works itself out
- TAForObvReasons 7y agoEveryone has been looking for loopholes for a very long time, and it turns out that the winners, for decades, have been those that discover and most effectively exploit them. Nothing is new except for possibly the brazenness. Consider Amazon, whose founder is the wealthiest person in America. Its existence and early strength to a large part is due to a sales and use tax loophole that was eventually fixed.
- parineum 7y agoThat's what made online shopping attractive, not Amazon specifically.
- TAForObvReasons 7y agoThat multiple companies benefited from a loophole doesn't magically make it any less of a loophole.
- jrobn 7y agoIt’s called corrective implosion.
- qserasera 7y agoAdapt to survive... It's going to get a bit weird.
- astrange 7y agoThis isn't going to make things weird. Something else will, but government debt constantly fails to show any of the problems people claim it will.