4 ms·
> and it raised the price of used cars since the point of the program was to stimulate production of New cars, which it did, creating an increase in GDP and jo
by soylentnewsorg 5y ago
> and it raised the price of used cars
since the point of the program was to stimulate production of New cars, which it did, creating an increase in GDP and jobs, the experiment was a success.
If Biden forgives student loans it will not lower the price of tuition. Since the point of student loan forgiveness is to help people get on their feet, and buy houses and cars, it not lowering the price of tuition would also mean a success.
I'm guessing you have a house mortgage. If I pay that off for you, will it lower the price of your house? I guess there's no point in doing it then. Because you wouldn't take that monthly mortgage payment and instead buy more stuff or invest in stocks, boosting the economy. You would clearly spend it on sponsoring a super-spreader own-the-libs rally.
- hammock 5y agoSo it's the intention or internal motivation of the money that makes the difference? When I look at George Washington I see the same expression in every bill, but that could be me.
- soylentnewsorg 5y agoIf you post a comment on hn, will it change the image on the dollar bill? Will it stop priests from having sex with boys? You made up a fake goal for Biden, and for a car program - not sure why. What is the exact intention of your post? Posting random offtopic thoughts like I just did? We already know your internal motivation.