In article <2aKdncE9nN_RskDC...@giganews.com
> Conservative icon Mike Rowe explained in a social media post this week
> why he does not support student loan forgiveness, noting that it is
> profoundly unfair to those who worked hard and paid off their debts and
> that it is welfare for the wealthy.
And a similar argument can be made to deny disaster relief.
The non-assholian argument is individual debt impedes that
individual participation in buying and selling, becoming a micro
economic depression. When debt is widespread the microdepressions
join into depression large enough to impede everyone's
participation even when they are debt free. To prevent a society
wide depression it's cheaper to reduce widespread debt to keep
enough people participating in the marketplace that the
marketplace remains open.
(Foodstamps are nice for poor people, but they create consumers
for food to keep the farms, food processors, food movers, and
markets in business. That's why USDA does foodstamps, for
The non-assholian argument should therefore be to collect enough
information to decide whether student debt is sufficient to
affect society as a whole, and then proceed in what is the best
interests of society and debtors. Your greed is not sufficient
excuse to ruin innocent non-debtor lives.
The democratic answer is if elections are won based on voters who
want debt relief, then the elected are obligated to figure out
debt relief. Vox populi, vox dei.
And you're still greedy asshole.
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