RE: Mitt Romney Is Kinda Stupid
April 29, 2022 at 8:55 pm
(This post was last modified: April 29, 2022 at 8:57 pm by John 6IX Breezy.)
(April 29, 2022 at 8:36 pm)Rev. Rye Wrote: You may argue that such a move will compel people who didn't vote for him the first time to vote to re-elect him..
Well yes, that is the argument: That if I'm choosing between two candidates, I'm now incentivized to vote for the one offering to forgive my loans.
Interestingly, when it comes to economic decisions we are loss-averse. Meaning that losses weigh more than gains. Hence, why offering to forgive people's debt is far more appealing than offering to give them a free education. Making education affordable ought to be the first thing you fix if this is an issue worth caring about; otherwise you're letting the hole leak water into the boat, and just handing out buckets to everyone.