The simple purpose of debt "cancellation", i.e. transference of the expense onto the poorer classes who didn't attend college, is to buy votes in the next election so the party can remain in power. As a byproduct, it helps the rich get richer by alleviating their debt, and it helps the poor get poorer by getting even less services for th…
The simple purpose of debt "cancellation", i.e. transference of the expense onto the poorer classes who didn't attend college, is to buy votes in the next election so the party can remain in power. As a byproduct, it helps the rich get richer by alleviating their debt, and it helps the poor get poorer by getting even less services for their tax dollars. So it has the exact long term impact of the one thing that liberals say they hate - giving tax breaks to the rich while screwing the poor. Ultimately, this magic trick reveals the one singular purpose of all political parties: to acquire power. Saying they support this or that cause is only their marketing program to attract "buyers".
The simple purpose of debt "cancellation", i.e. transference of the expense onto the poorer classes who didn't attend college, is to buy votes in the next election so the party can remain in power. As a byproduct, it helps the rich get richer by alleviating their debt, and it helps the poor get poorer by getting even less services for their tax dollars. So it has the exact long term impact of the one thing that liberals say they hate - giving tax breaks to the rich while screwing the poor. Ultimately, this magic trick reveals the one singular purpose of all political parties: to acquire power. Saying they support this or that cause is only their marketing program to attract "buyers".
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