Message from @DrWittMDPhD

Discord ID: 507472443623997440


2018-11-01 08:30:55 UTC  

Free healthcare for all would cost 30 trillion in ten years

2018-11-01 08:31:17 UTC  

That is depending on if the services dont triple their rates

2018-11-01 08:31:17 UTC  

Ah I probably swapped those two figures

2018-11-01 08:31:33 UTC  

Communism is too expensive, man

2018-11-01 08:31:35 UTC  

Life's hard

2018-11-01 08:31:48 UTC  

Yeah I agree

2018-11-01 08:31:54 UTC  

Abolish welfare

2018-11-01 08:32:01 UTC  

All our problems solved

2018-11-01 08:32:12 UTC  

Well not all of our problems

2018-11-01 08:32:21 UTC  

Also tbh I think we should forgive all current student loan debt

2018-11-01 08:32:23 UTC  

But the current system fucks people

2018-11-01 08:32:36 UTC  

That sounds like communist talk

2018-11-01 08:32:38 UTC  

I think it would have a drastic effect on individual spending power

2018-11-01 08:32:47 UTC  

That would fucking destroy our credit

2018-11-01 08:32:49 UTC  

Lol

2018-11-01 08:32:59 UTC  

Our currency would collapse if we did that

2018-11-01 08:33:03 UTC  

No bank would trust the US

2018-11-01 08:33:05 UTC  

If the tried to do what sweden did back in the 80's it would be a terrible idea

2018-11-01 08:33:38 UTC  

Why would that destroy our credit?

2018-11-01 08:34:04 UTC  

Banks dont give the majority of student loan debt

2018-11-01 08:34:18 UTC  

Bull shit.

2018-11-01 08:34:25 UTC  

Maybe I miss typed

2018-11-01 08:34:30 UTC  

If you Loan money and he forgives the Dept he loses money

2018-11-01 08:34:33 UTC  

it wont be that easy

2018-11-01 08:34:38 UTC  

All federal student loan debt

2018-11-01 08:34:54 UTC  

Someone has to pay it to be forgiven

2018-11-01 08:35:00 UTC  

you cant just do it for free

2018-11-01 08:35:04 UTC  

it effects Value

2018-11-01 08:35:05 UTC  

And it's not like even if the majority of the money was from the gov that that would make forgiving the debt not shit on our economy

2018-11-01 08:35:12 UTC  

But your missing my point.

2018-11-01 08:35:30 UTC  

No you misunderstand the consequences of that action

2018-11-01 08:35:38 UTC  

An individual's capital is heavily dependent on what they can buy

2018-11-01 08:35:39 UTC  

I know what you want to do, but that would be catastrophic

2018-11-01 08:36:04 UTC  

You may lose a lot in the short term but over the long term you would make more in tax revenue

2018-11-01 08:36:25 UTC  

As they can dedicate more money to moving up in the economic ladder

2018-11-01 08:36:34 UTC  

But maybe I'm just being idealistic

2018-11-01 08:36:37 UTC  

not really

2018-11-01 08:36:45 UTC  

just saturates already saturated markets

2018-11-01 08:36:52 UTC  

The government functions on the money it has and is owed. You'd suck so much M2 and M3 money out of the government that we'd go bankrupt.

2018-11-01 08:36:52 UTC  

so that theres no education platform to new wealth

2018-11-01 08:37:25 UTC  

notice how many degrees were oversaturated and dont pay more than many fresh out of highschool jobs?