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a16z had a great article on govt interference raising costs through the roof. 710% rise in education costs is American exceptionalism and greed. If the federa
by nojvek 3y ago
a16z had a great article on govt interference raising costs through the roof.
710% rise in education costs is American exceptionalism and greed.
If the federal govt stopped backing loans and let the market play out, the prices would come down.
If they removed employment sponsored healthcare loophole, and allowed a transparent pricing (like the one you get from your car mechanic before they fix your car), prices would come down.
There’s nothing magically different in health insurance vs car insurance.
I’m gonna get downvoted for this. Democrats have a good heart, but when they start giving away money, it’s not well thought out on how supply will react to increased demand.
PPP loans were a huge clusterfuck of giving out free money.
Now they’ve blown the debt ceiling.
The goal should be to lower prices, not to doll out more free money.
Inflation in house prices is nuts.
So you’ve got young people who can’t afford to own their home, ridden in education debt they may not be able to pay, not having kids since they can’t afford em.
Doesn’t look like a bright economic future.