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They didn't want an educated, unemployed proletariat (their words, not mine): https://theintercept.com/2022/08/25/student-loans-debt-reagan/ https://theintercep

• nielsbot 3y ago
  > “If not,” Freeman continued, “we will have a large number of highly trained and unemployed people.” Freeman also said — taking a highly idiosyncratic perspective on the cause of fascism —“that’s what happened in Germany. I saw it happen.” What a damaging thought for him to put out there.