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How Restarting Student Loan Payments Could Change Millions of Lives — And The Economy
(fivethirtyeight.com)
this post was submitted on 29 Aug 2023
82 points (92.7% liked)
politics
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It's a systemic issue. Individuals can only fix problems within a system with mechanisms that already exist in that system. If there are no existing mechanisms to fix issues, or if the mechanisms are intentionally made inaccessible to anyone but the top 1% of system users, there's no feasible way to fix it.
In other words, your argument is asinine.
The economy doesn’t only benefit the top 1%. And it’s illuminating that y’all think it does. Anyway, have a nice day.
Is the economy an outside force or is it controlled in some way? If it's uncontrollable, does that mean that there's no way to insulate ourselves from its effects? Not as individuals, but as a society. And if it's controlled, is there a way to control it in such a way as to benefit more people?
I suppose I'm coming from a mindset of "billionaires should not exist," so take it with a grain of salt when I say I agree that it's entirely possible to do everything "correctly" to improve your station in life and only do worse regardless of what the economy is doing. Further, I think that outcome is not only desirable for the shockingly few people who directly and indirectly benefit from it, but that it is the natural outcome of such a system to begin with.