3 ms·

Good. It was a dumb and regressive proposal anyway. And no, we shouldn’t be bailing out rich folks either.

• Sohcahtoa82 3y ago
  > And no, we shouldn’t be bailing out rich folks either. Okay, but don't you think it's at least a little fucked up that we already bailed out the rich people, but we stopped there?
  • zeroonetwothree 3y ago
    So we should keep doing dumb stuff?
    • Sohcahtoa82 3y ago
      I do recognize that I'm essentially committing the sunken cost fallacy. But certainly you can understand the optics of it, right? We've spent billions bailing out rich people 3 times in the last 15 years, and suddenly there's a massive pushback against helping out the lower classes? I'd like you to at least acknowledge the optics.
• svnt 3y ago
  > we shouldn’t be bailing out rich folks either. We already did, though, at a much higher per-capita cost, and a total program cost of about twice what this would have cost. https://boingboing.net/2022/08/24/jared-kushner-kanye-west-jeff-koons-and-other-wealthy-celebs-received-big-ppp-loans-that-they-didnt-have-to-pay-back.html https://boingboing.net/2022/08/24/jared-kushner-kanye-west-j... https://www.nber.org/papers/w29669 https://www.nber.org/papers/w29669
• btreecat 3y ago
  [flagged]