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Biden isnt hopping in a time machine to take things away from you. Nothing is being taken from you. Someone else is getting something that you are not, that's a
by hashmap 4y ago
Biden isnt hopping in a time machine to take things away from you. Nothing is being taken from you. Someone else is getting something that you are not, that's all.
- s1artibartfast 4y agoThe central idea is that the person who payed off their debt will have to pay again to bail out the debtor. Governments raise money through taxation. 10k of forgiven debt is 10k more than needs to be raised in taxes. Someone payed their debt, and then will be taxed more to pay someone else's too. You might say, "but governments don't have to balance their budget", yet the US still has taxes. If money spent (and debt incurred) is irrelevant, why collect taxes at all?
- RhysU 4y agoFlip your argument and turn it up to 11... Suppose everyone else on the planet is given $10B and you get nothing. Why would you be concerned? How could it be unfair? They're just being given something that you are not.