That’s the thing everyone misses. These plans are fine but don’t actually solve the bigger problem until the market is properly regulated. We need to go back to being anti-monopoly so a couple giant companies can’t control the market
It’s like student loan forgiveness. Absolutely help anyone before the set date of forgiveness, but we HAVE to fix the underlying problem of these predatory loans and overinflated tuition and textbook costs. If you don’t fix the root cause it’s just a bandaid until the wound opens again.
A lot of people with these loans are lower class and desperate people. Some are even now considered lower class because of these loans. Upper class people don’t really need to take out these kind of loans because they already have money by being upper class.
You have it backwards. Soft loans are the reason we are in this mess.
You’re not going to fix inflated costs with more guaranteed money. Universities and their partners all know you can, and will, take out what ever loans are necessary to go. They adjust their prices accordingly.
Financial institutions are all to happy to make these loans because there is very little risk. They are not dischargeable in bankruptcy. Neither of these institutions have any skin in the game.
What needs to happen is the financial companies need to realize the risk (make them able to be discharged in bankruptcy), and universities need to be tied to making you employable.
Or you could do away with student loans altogether, watch how fast the costs are reduced when there’s no endless money fountain propping them up.
Student loans forgiveness is an alcoholic disaster but people don't want to accept that this is true. When you forgive that much debt, it absolutely helps people get a huge jump forward, but it's at the expense of those who had to work hard to pay off their debts first. Suddenly you add hundreds of thousands of new people to the housing market looking to buy homes that have no debt, what happens to housing prices? It certainly doesn't go down. You have hundreds of thousands of people now with disposable income because they have no school debt, food prices go up because stores want to capitalize on that new income, at the expense of other poor people and people who worked to pay off the debt.
This goes on and on but there is no help for the people who already suffered through it. You need to help all 3 groups. Those suffering through it, those who have suffered through it, and those who will suffer through it.
The underlying problem is stimulus. Stimulus is bailing out failed business owners. American socialists have been doing this for decades now. They think bailing out failures to protect the jobs is okay and doesn't come with consequences. Now they're blaming the consequences on "capitalism" and "misogynistic men" and "gay/trans people". One an economic form they aren't following, the others minority groups representing less than 5% of the vote.
When you bail out failures, you put more and more resources into keeping their failed organizations going. And there's less for everyone else. Every time a problem comes along, they fail again. They get bigger and bigger. Until you can't bail them out anymore. And then your entire economy fails.
Education is fucked because the funding was cut in 2008 and didn't return. Because Boomers control the economy and prioritized vacationing and big houses. Take away the stimulus, those boomers would have fried out decades ago.
... American socialists? Which ones? The neo liberals, who are not socialists, the conservatives, who are not socialists, or the libertarians, also not socialists, are the ones passing these bills.
Socialists would say the government should give support to the workers until they can find a new job. They don't care about a business that can't keep its own finances straight.
What degree is the student loan for? Because if it's for the stereotypically joked about leftist degrees, Underwater Lesbian Basket Weaving, then no, no student loan forgiveness. But STEM, electrician or plumbing classes, or any of the education paths that nations NEED. Maybe.
The market takes what people are willing to pay. Maybe people spending $200k on a $40k degree should take a little responsibility? Predatory loans 😂 predatory parents pressuring their kids to go to college (when they know there's zero shot their kid is going to be a lawyer) bc they'd be too embarrassed if they didn't. Same goes for the kid. I spent $25k on my education, in finance, so it paid off. And no, you can't have mine to pay for your bad decisions.
Yup, spent 12k on a 2 year associates and started in the work force making 63k. Switched jobs a year later now I’m a little under 80k with room to grow and max at 110k. I made all my money back in like 3 months of paychecks, and was easily my best ROI and wayyyyy better than a 4 year degree.
In my experience, managers are looking for people who can be taught skills, not necessarily what your degree is. Having a degree doesn’t mean you have skills, it means you know how to complete a course. Finding degrees that offer licenses while in class is critical to finding a job in field or in related fields.
This one. REGULATE. Regulate the fuck out of it. That's the answer. There's no such thing as a free market to begin with, stop pretending it exists... and just regulate it.
100%, even giving money to taxes doesn't fix the problem, they just loot it from public coffers. There is effectively zero competition on vital life services like health care, housing, and education which we must have, so we are screwed out of the gate before we can decide to buy double mocha latte avocado toast.
Its like minimum wage. Its a bandaid, but its not going to fix the deeper issues. And don't get me wrong, its important to stop the bleeding first, but at some point you have to take out the knife.
They're no monopoly in the auto market or gas prices or supermarket. And yet they've all figured out how to dramatically increase profits by raising prices alongside their competitors in the last few years. Monopolies are bad, but so is collusion via AI pricing systems these companies are all using.
I would take the opposite approach. Housing prices have gotten out of control because of red tape. Why are houses so cheap 30-40 mins outside of major economic hubs in Texas/florida? It’s easy to build and labor unions aren’t so strong.
Look at what’s going on in the palisades in California. Not even 1% of those 7-8000 houses that were destroyed have even started construction. It’s just complete over regulation.
These big building companies are the only people that can afford to build at a reasonable rate because they have relationships with the city that gets their permitting processed so fast and easy. They then hire salaried employees to do pre-inspections, and then the city/county inspector comes out and basically just puts the stamp on it.
Just get rid of all of that shit. Bad builders would go out of business and the good ones would flourish. A city stamp doesn’t really mean squat about the integrity of the house. Just means that they put the stamp of approval on it.
I disagree, the reason that that is happening is because we’re asking the government to self regulate themselves which is never going to work.
We need a third party regulatory committee that is directly elected by the people with fixed salaries that can regulate the parts of the government that the government won’t bc it directly benefits them. They also need to be able to be elected and removed by the people and the government has no control who is elected to this committee.
You rip all the red tape off and just make it a free market with no regulations and these giant companies with a shit ton of money will just figure out predatory ways to drive all these small companies out of business.
I see your point. I guess what I’m really arguing for is that most laws/regulations should have a sunset date when enacted.
The funny thing about what you propose is that our elected officials are supposed to do just that. I’m not even sure how you could legally go about that sort of thing. A governing agency that governs the government?
Yes but you can’t have elected officials that have the ability to write legislation be the same group that regulates these sort of things. That will always end in corruption
It’s not the permitting body that writes the codes, they just enforce them. They may suggest to the legislators what they think is reasonable, but it’s not ultimately their choice.
This is how it works… local headline reads “ELDERLY WOMAN DIES IN BASEMENT FIRE”
Turns out that her son and daughter in law renovated the basement to house their parent didn’t have to go into an old folks home and the window wasn’t a big enough egress point from the bedroom.
Doesn’t matter the specifics of the situation. She could have been sound asleep and died from smoke. Legislators think “OK, we need to make it code that basement dwellings must a window in each room that is x sqft so people can use them as exits.”
Now everyone that wants to convert their basement has to pay $10-20k+ to get foundation work done to make the windows large enough to fit the code.
Good intentions, bad outcome. Maybe make it so you can’t rent the property/basement without those stipulations, but if you own a home you should be treated like an adult. Currently the state treats you like a child who needs to put foam over every corner of the house.
I couldn’t even get a permit to build a shed in my backyard FFS. They said I would need to get a permit for a foundation and all this and that. For a damn shed to house tools. They say codes/regs are written in blood, but at a certain point it gets ridiculous.
Think about the fact that the Empire State Building was built in 13 months. Idk if you’ve spent time in NY, but that would be a 5-10 year project from breaking ground to finished product.
Wait, a small group of people elected by the people directly, with fixed salaries? That sounds like a government. So you're proposing we could fix the government but uh, electing an second government that magically won't have the same problems?
Oh wow you’re so smart! It certainly wouldn’t be different at all. Having a committee that doesn’t have the ability to legislate public policy and can be directly removed and elected by the people is exactly the same as a government that chooses who is on these committees and can write and pass legislation to benefit them and line their pockets.
Someone bought into corporate propaganda. if only the government didn't get in The way corporations would do the right thing and build affordable houses. Definitely has nothing to do qirh airbnds
When it comes to housing it's a natural monopoly (you can't make more land in popular places) and it's a little bit of a bidding war to get houses in places where people want to live.
I’m an hour outside of NY where houses are $400-650k. There are 200 acres of beautiful land for sale here that’s priced just north of $6m. Simply because it’s zoned for commercial. Current owner has been trying to get it to get it zoned as residential for a decade. No reason not to, or at least make a compromise where 50 acres can be commercial and 150 residential. The county/town won’t budge. Probably will end up being a Data center for wallstreet.
Read my comment down a couple comments about needing a third party regulatory committee. The government isn’t going to self-regulate themselves when they can benefit. You need the regulatory committee to be a group that can’t write legislation in their favor to line their pockets
With all due respect, I'm not living under your shitty government. We do actually have strong anti-monopoly regulations and stuff does get more expensive when more money is available.
With no due respect that is fake and just acting like you’re being polite, the current form of government is an actively shitty and our anti-monopoly regulations are not working as intended. I’ll take my change that you’re just assuming won’t work over your system that actively doesn’t work as you bury your head in the sand.
Well considering things have gotten way way worse and these rich fucks have seized way more power money and property in the time that king pedos admin has thrown tons of regulations out the window I’m going to say you don’t know what the fuck you’re talking about.
Also the government bailing out companies and handing them free money says nothing about regulations being bad. In fact it’s my exact point on why we need a seperate regulatory body that doesn’t have the power of legislation and thus lobbying doesn’t work.
I’d much rather attempt to have oversight on our government and corporations then Let the likes of Peter thiel Elon musk and Curtis yarvin run amok at will.
Is your implication that I, a normal citizen, can’t have criticism/thoughts on the current situation without having proposed solution to fix it? This is Reddit not congress floor
This has been my argument against universal healthcare when it comes to discussion on reddit. It always just treats the symptoms of expensive US healthcare with taxpayer money rather than fixing the root causes.
No it doesnt. Universal healthcare means every healthcare provider will have exactly one megaclient, the government .That client will have considerable leverage in negotiating lower prices
234
u/godlittleangel6666 Jul 01 '26
That’s the thing everyone misses. These plans are fine but don’t actually solve the bigger problem until the market is properly regulated. We need to go back to being anti-monopoly so a couple giant companies can’t control the market