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|Student Loan 'Forgiveness'?; entered at 2022-04-30 08:52:24
Registered: 2009-09-10 Virginia
Alexander Fraser Tytler, Lord Woodhouselee wrote..
"A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury. After that, the majority always votes for the candidate promising the most benefits with the result the democracy collapses because of the loose fiscal policy ensuing, always to be followed by a dictatorship, then a monarchy"
Hence the rise of the free sh*t army. If the bulk of our economy was still centered around actually making physical goods (Food, Cars, etc.) instead of grifting (health, education, banking, etc.) then the education system would not be focused on churning out worthless degrees and building food courts as there would not be a demand for them.
The government is very good at incentivizing bad behaviors as they continuously fund and back industries (education, green new deal, etc.) that actually make life more difficult and expensive for the average citizen while subsidizing the entities behind these malinvestments.