Bernie says he will forgive 1.6 trillion of student loan debt. The way he says he is going to pay for this is a 50 basis point (0.5%) tax on financial transactions.
This was already tried in Sweden during the 1980s. It didn't work. It actually created less tax revenues than before.
en.wikipedia.org
Why is nobody talking about this?
>socialist
>good understanding of economics
Pick one
I am an older guy and I hope to hell that student loans are not forgiven. The more people that are struggling with money the better I feel. What good is a race if everyone wins? You have to have winners and losers..it's just how it is.
Dont politicians get payed to promiss things?
Remember there was this other president that promissed to build a wall
The loans will be forgiven, it is only a matter of time.
because those losers still breed. then they rob and kill your offspring because that's just the way.
This. Furthermore, losers must be deported
I’ve been paying taxes and have been gainfully employed and have the majority of my student loans paid off. So I guess I get fucked because some dumb fucks decided that a degree in journalism, gender studies and theatrical arts was a good idea. Fuck these people, they need to see and feel the error of their ways. Stop punishing American citizens that have done well for themselves. This country is fucked.
Maybe because you're trying to make a direct comparison between the Swedish situation and the US situation, which are not the same in any way?
You know politicans are only bluffing. Obama bluffed, trump did it, and bernie does it.
Even if he won, he'd do something useless that does not break the bank and changes nothing just to call it a day and kept on with the bullshit to milk taxpayer money into his private account.
Or one other theory I read yesterday is that he actually want the economy to crash, so the poor will have no choice but to rise up. And some jibberish talk with the stupid mob and he ends up leading them, so he can get even more power.
Bill the universities for student debt
If this went through, London would go back to being the financial capital of the world.
Been paying mine aggressively for 6 years and only have a year left. Fuck me.
>he actually want the economy to crash, so the poor will have no choice but to rise up
I don't think this will play out like he envisions...
Remember that time children were forced at gunpoint to sign off to student loans?
Me neither.
All I remember is adults agreeing to pay back a loan, then signing their name to it.
So what your saying is we need to invest in sterilization programs.
You’re right. We have a lot more third worlders that took shittier degrees.
Why don't leftists and conservatives just divide America in two new countries. That way both can implement whatever policies they want
Vote for Bernie all you like. He's still gonna get screwed over by the big corporate Dems. A literal re-run.
Imagine a society where we gave all STEM graduates zero debt burden so they didn't have to run on a hamster wheel for Shlomo Goldberg from college to the grave paying off student loans and then car loans and then mortgages.
Why wouldn't you want society to improve from an eternal rat race run by Jews?
>This was already tried in Sweden during the 1980s. It didn't work.
What didn't work? Sweden has completely free college.
We tried that the left then burnt the south to the ground. Left niggers their and threw the Irish at us.
They can't make it with out us that's why they won't set us free.
>muh STEM degree
In reality, what's happening is that productive white people get their retirement accounts taxed to pay for Becky's Chicano Studies degree
Imagine arguing against the abolition of serfdom and feudalism because you used to be a serf and want others to suffer as much as you did or because it would be 'unfair' to all those former generations of serfs.
This is the mentality of a slave.
Commies are so fucking stupid it hurts. It didn't work because the tax didn't actually increase tax revenues. Did you even read the link?
>As a result, revenues from these taxes were disappointing. For example, revenues from the tax on fixed-income securities were initially expected to amount to 1,500 million Swedish kronor per year. They did not amount to more than 80 million Swedish kronor in any year and the average was closer to 50 million.[3] In addition, as taxable trading volumes fell, so did revenues from capital gains taxes, entirely offsetting revenues from the equity transactions tax that had grown to 4,000 million Swedish kronor by 1988
Imagine thinking its a human right that somebody else's hard work should pay for your useless degree.
Imagine thinking you need a college degree to not be a serf.
In an economy that is becoming increasingly automated where professions become more and more specialized and dependent on an educated workforce, higher education has already become the de facto standard. A modern economy needs the social mobility and educated workforce a free college system provides.
Prove that a free college system provodes higher quality education than otherwise.
Prove that the 1.6 trillion in amnesty is going towards people that are productive in an automated economy.
I like how you COMPLETELY ignored my point that a 0.5% financial transaction tax is revenue-neutral at best and won't raise the funds necessary to pay for all these handouts.
Bump
fpbp
you're still paying monthly loan payments alebeit in the form of taxes, and then you're paying everyone's loan
you aren't escaping paying either way. Socialists are idiots
Also why we should bring back slavery
Cant pay loans well here comes the collar
Mostly because Bernie will never become the pres
Not with student vote at least aka the high and dumb demography