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You aren't being punished if someone else's life circumstances improve. Also, do you really think that the average American who has been saddled with the avera

by jude- 5y ago

You aren't being punished if someone else's life circumstances improve. Also, do you really think that the average American who has been saddled with the average amount of student loan debt would really be in a superior financial position if their debts were lifted tomorrow? The debt itself was preventing them from doing other economically productive things (like buying more goods and services, investing money, buying a house) that generate tax revenue. I wouldn't be surprised if forgiving all student debts turns out to be the economically favorable thing to do in the long run.

lotsofpulp 5y ago
>You aren't being punished if someone else's life circumstances improve. If it causes the currency to lose value, then it is a loss for everyone. Go ahead and help the average American, just do it by giving everyone the same amount of money.
- jude- 5y ago
  Your currency losing value is not the same as someone else's life circumstances improving. This program is about compensating landlords who were forced to provide housing for free, much like how hospitals get compensated to provide medical care to people who can't pay. I see no complaints about the latter, even though it's the same mechanism as the former.
  - dragonwriter 5y ago
    > This program is about compensating landlords who were forced to provide housing for free, much like how hospitals get compensated to provide medical care to people who can't pay. I see no complaints about the latter, Un, that’s an uncompensated condition of Medicare participation, and there are lots of complaints from hospitals about the lack of compensation, and from small government types about the mandate and its affect on costs for those who can pay, and even the existence of “socialist” Medicare in the first place.
    - jude- 5y ago
      First, hospitals do get compensated some by both Medicare insurance and Medicaid; it's just not enough [1]. Second, a growing majority (63% as of 2020) of US adults want there to be at least a public option for healthcare [2]. Do you think hospitals should not be compensated for giving care to people who can't afford to pay? [1] https://www.aha.org/system/files/2018-01/factsheet-hospital-billing-explained-9-2017.pdf https://www.aha.org/system/files/2018-01/factsheet-hospital-... [2] https://www.pewresearch.org/fact-tank/2020/09/29/increasing-share-of-americans-favor-a-single-government-program-to-provide-health-care-coverage/ https://www.pewresearch.org/fact-tank/2020/09/29/increasing-...

by jude- 5y ago

lotsofpulp 5y ago

>You aren't being punished if someone else's life circumstances improve. If it causes the currency to lose value, then it is a loss for everyone. Go ahead and help the average American, just do it by giving everyone the same amount of money.

jude- 5y ago
Your currency losing value is not the same as someone else's life circumstances improving. This program is about compensating landlords who were forced to provide housing for free, much like how hospitals get compensated to provide medical care to people who can't pay. I see no complaints about the latter, even though it's the same mechanism as the former.
- dragonwriter 5y ago
  > This program is about compensating landlords who were forced to provide housing for free, much like how hospitals get compensated to provide medical care to people who can't pay. I see no complaints about the latter, Un, that’s an uncompensated condition of Medicare participation, and there are lots of complaints from hospitals about the lack of compensation, and from small government types about the mandate and its affect on costs for those who can pay, and even the existence of “socialist” Medicare in the first place.
  - jude- 5y ago
    First, hospitals do get compensated some by both Medicare insurance and Medicaid; it's just not enough [1]. Second, a growing majority (63% as of 2020) of US adults want there to be at least a public option for healthcare [2]. Do you think hospitals should not be compensated for giving care to people who can't afford to pay? [1] https://www.aha.org/system/files/2018-01/factsheet-hospital-billing-explained-9-2017.pdf https://www.aha.org/system/files/2018-01/factsheet-hospital-... [2] https://www.pewresearch.org/fact-tank/2020/09/29/increasing-share-of-americans-favor-a-single-government-program-to-provide-health-care-coverage/ https://www.pewresearch.org/fact-tank/2020/09/29/increasing-...