Archived

This topic is now archived and is closed to further replies.

Delhommey

Wealth Redistribution Under Obama

125 posts in this topic

You do understand the basic premise that tax payer funded education is not actually free don't you?

I imagine the situation with the college system in California is far more complex than you seem to think it is, but I did look up some information on it. Reagan didn't implement tuition for students in the california college system. He tried, but was defeated. He did implement some fees, which were relatively small. They did increase as time went along, but that was much later. And no governor since, republican or democrat has made any serious effort to eliminate them. California is a very blue state, yet the citizens of the state aren't willing to pay the taxes necessary to fund a no fee/no tuition system of higher education. If you want to blame someone for that, then you should blame the california voters, because its something they don't want. And Reagan did what the voters wanted him to do. Democracy sucks doesn't it.

Ummm, the education system in every state is taxpayer funded from K-12 grades. Are you against taxpayer funded education systems in general? If so, how exactly would you propose putting your kids through the public school system?

The system worked in California for 100 years because corporate tax rates were where they should be relative to their profits, because people paid income taxes based upon what their income was. Reagan was the forefather of the the rich getting richer and the end of those rich paying their fair share of income taxes. It's a pretty easy concept- when corporate taxes and income taxes were an equitable system the state of California flourished and it's higher education system did as well as it's K-12 system.

The utter collapse of the public education system in this country can be directly attributed to the reduction of corporate tax rates and the increasing tax breaks for the rich. It is a simple premise, you're right.

Share this post


Link to post
Share on other sites

So I guess actually being responsible for paying money back when you borrow it is "folksy".

Unlike your generation....which seems to believe that someone else is responsible for your debt.

Cue the 'learned it by watching you' PSA. Who would have thought kids growing up in the 80s and 90s didn't get good lessons in managing debt? The baby boomers sure did a great job with their borrowing practices.

Baby boomer: study hard so you can get into a good college and make something of yourself

Kid: Okay

Baby boomer: just take this student loan, you'll get a good job with a degree

Kid: Okay

Baby boomer: get a job slacker

College grad: your generation tanked the economy, I can't get a job

Baby boomer: damn entitled kids, think they just deserve a job...pay back your loans kid, papa needs to retire

1 person likes this

Share this post


Link to post
Share on other sites

lol not a single one of these fuging republicans actually addressed FFELP or sherrod brown's legislation. 16 replies. not one.

i'm not a republican but i posted this earlier and perhaps it went way over your head. i mean like WAY over.

Pell derivs FTL.

in 2 words and a huddle favorite axiom i responded and broke it all down.

Share this post


Link to post
Share on other sites

Vanilla wafers.

Two words. Over ALL your heads. I win. Suck it!

Share this post


Link to post
Share on other sites

not really. tranches i know. basically they turned alot of these into what they did with mortgages. slice some and sell to others then bet against some of those slices to hedge.

Share this post


Link to post
Share on other sites

Everything should be free. Imagine no possessions.

As socialists have explained it to me, property rights don't exist because property is a human abstraction and, if society can create the idea of property, then society is justified in taking your property away.

Share this post


Link to post
Share on other sites

Cue the 'learned it by watching you' PSA. Who would have thought kids growing up in the 80s and 90s didn't get good lessons in managing debt? The baby boomers sure did a great job with their borrowing practices.

Baby boomer: study hard so you can get into a good college and make something of yourself

Kid: Okay

Baby boomer: just take this student loan, you'll get a good job with a degree

Kid: Okay

Baby boomer: get a job slacker

College grad: your generation tanked the economy, I can't get a job

Baby boomer: damn entitled kids, think they just deserve a job...pay back your loans kid, papa needs to retire

I graduate in May and already have a job lined up. No family connections or anything.

Worthless anecdote, but since you were sharing your worthless anecdotes, I thought I'd chime in.

So yeah. Seconding "personal responsibility," as lame as that apparently makes me. If someone makes it harder for you to get a job, work harder.

1 person likes this

Share this post


Link to post
Share on other sites

del ain't that radical

Share this post


Link to post
Share on other sites

there has been an education bubble for some time. the same guy who was a central figure in the big short book has been saying this for years.

supply and demand does it again. more apprenticeships ->jobs.

Share this post


Link to post
Share on other sites