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Well, I wouldn't say they do the opposite of what's intended, they just do the opposite of whatever lie they told you to get you to accept it. In this instance
by codefreeordie 4y ago
Well, I wouldn't say they do the opposite of what's intended, they just do the opposite of whatever lie they told you to get you to accept it.
In this instance, the proposal is to dramatically increase the price of housing by giving away free money to people that they can only use if they buy housing
- throwaway0a5e 4y ago> Well, I wouldn't say they do the opposite of what's intended, they just do the opposite of whatever lie they told you to get you to accept it. They also have the nasty side effect of doing far more than anyone intended. Like that time they gave away subsidized loans for college and then acted surprised when the price of college increased.
- codefreeordie 4y agoYa, then they promised to forgive all of the loans so that people would be willing to take out even bigger ones to drive prices up even higher. The purpose, of course, was a massive transfer of wealth to the colleges and universities which were an important political ally and perpetual source of newly-indoctrinated voters. But people wouldn't have supported "giving a trillion dollars to the elite colleges that support the party"
- gizmo686 4y agoThe only promise the government made to forgive loans is the public service loan forgiveness program, which was designed to encourage people to work in underserved areas without offering a large enough salary to attract talent on the normal market. Essentially it is a weird subsidy for undesired jobs. Some politicians promised a more generic student loan forgiveness, but politicians promise a bunch of things.
- wbsss4412 4y agoThat wasn’t the goal? They gave out subsidized loans so more people could go to college… and guess what, more people went to college.
- HWR_14 4y agoI think you have causation backwards. The price of college kept going up, so the government started offering loans.