Reply to WTF? Govt rewarding bad behavior Part II

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[quote=TheManWithAUsername][quote=Anonymous]The problem is not that student loans are not paid back. So, this what's your major = you pay back your loan is not relevant. The problem is the cost of a degree and future growth in that cost b/c the availability of loans. The loans are a pot of money that the academic industrial complex sees and will work to get.(Ike's speech talk about this complex also!) The way forward is not to impose some 5 year plan to produce x amount of software engineers for the great good. Market forces should determine this. Conservatives, as soon as they get in power, the state b/c the answer to everything. How far have the conservatives fallen.[/quote]
By this reasoning, we shouldn't have any public education at all, or roads, or defense, because of the bathwater impact on those sectors.

Why shouldn't we encourage industries that the market isn't sufficiently encouraging? The free market sucks at planning. It works to get rich people richer ASAP.

Education is one of the best examples. E.g., the full economic and social impact of attacking public school teachers won't be felt for decades. Then the market can respond, and the country will wait for another few decades to recover. That's a pretty slow hand.[/quote]

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