Quote:
Originally Posted by sebastian_dangerfield
Dollars paid for rents have no multiplier. The kids with loans cancelled will spend, and invest in businesses. Better multiplier. Recall, we've a 66% consumer economy.
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Nice pivot from imagined white dude in Hokum having credit cards cancelled to the kids with loans. I was thinking the credit cards you were cancelling would mostly be invested in Bud.
There are great arguments for bringing down education costs, forgiving loans, generally making it a priority for investment. Avoids another lost generation among the lumpen-bourgeoisie.
