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Reply to "Sen. Chuck Schumer and Sen. Liz Warren just proposed forgiving $50,000 in student debt"
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[quote=Anonymous][quote=Anonymous]For all y’all who say it’s not fair for those who worked hard to pay off their debt: You DO realize that you will benefit from this too, right? More money going back into the economy. More millennials will buy homes, raise families, start businesses and grow the tax base on which YOU can retire. Would you rather retire in a good economy in which everyone’s standard of living is better, or “teach them a lesson about fiscal responsibility” at the expense of more austerity for everybody? The caveat here is that of course we can’t just keep on forgiving everything for everyone. We need massive, transformational tuition reform. [/quote] Why not just provide direct stimulus to everybody under 40 who made less than $100k last year? A "youth payment". That would stimulate the economy too. There are a lot of ways to dump money out of a helicopter.[/quote]
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