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Do you understand what you are saying? That finding a good job is a gamble, same as trying to win fortune in casino. And that's exactly my point: sheer dumb luck.
Do you understand what you are saying? That finding a good job is a gamble, same as trying to win fortune in casino. And that's exactly my point: sheer dumb luck.
There is an element of luck. Difference is you think it's "only" luck and the reality is it's maybe 10% luck. You really think a homeless high school dropout has the same chance at getting an executive management job as a well groomed person with a masters in business administration?
Saw it somewhere on reddit/r/medicalschool - I'm reading it occasionally; they have universal cry that nurses are replacing MD, effectively driving their income down. When I saw that post with the link (about EM oversupply) I didn't save it to use as C-D argument ; just happened to remember the info as curios one.
There is an element of luck. Difference is you think it's "only" luck and the reality is it's maybe 10% luck. You really think a homeless high school dropout has the same chance at getting an executive management job as a well groomed person with a masters in business administration?
Depends what connections he has, or if he happen to be in right place in the right time.
If uncle of that dropout happened to be Rothschild (which is again a "sheer dumb luck"), then he has 100% more chances to get that job compared to that "well groomed" person.
Or take a look at Bill Gates. If memory serves me right, he is a dropout from college. But having mom that handed him exclusive rights from IBM helped a bit
Remember one hard cold fact: horse was the hardest working creature on the farm, but all profits were pocketed by farmer. Hard work takes you nowhere. Same applies to any education.
I don't really disagree but don't expect this to not cause an immediate economic meltdown. You're basically campaigning to cut people's incomes by destroying their jobs. And hoping that private industry will find a way to provide them with better-paying more productive jobs in the future. Remember, income and expense are two sides of the same coin.
I dunno. There's 2.1MM civilians employed by the Feds, that's 1% of the workforce. I assume they still get retirement at 20 years, so there goes some of them. 10MM unemployed right now. 11-22MM illegal workers.
I don't see us balancing the budget by reviewing each department, we know the major reasons for the deficit so what are Americans willing to give up. There is no way to get close without major cuts to the big 3, museums, arts, parks are a fraction.
Simpson-Bowles was an excellent bipartisan report prepared for congress back in 2010 to reduce the deficit to 2.3% of GDP, increases to social security, cuts to DOD spreading out the pain everywhere and of course congress never passed it.
We keep going through this every time there are reasonable suggestions for tax increases, 2% Wealth Tax on over $50M is low impact. But then people claim we can do this with spending cuts, we have been at this for decades and that isn't happening. We need more revenue period.
Simpson-Bowles on tax revenue:
Quote:
Lower the income tax rates to 12%, 22%, and 28%, and lower the corporate tax rate to 28%. To achieve these rates, tax capital gains and dividends as ordinary income. End the Alternative Minimum Tax and itemized deductions. Tax state and municipal bonds. Tax the following exclusions at higher income levels: health insurance benefits, retirement accounts, charitable giving, and mortgage interest. The report eliminated 150 other income tax loopholes, corporate tax subsidies, and deductions.
so note it was: eliminate deductions, reduce rates = raise tax revenue.
A non-partisan might note that the 2 single largest deductions - SALT and the MID cap $ loan - were reduced. And that in combination with all other measures, 80%+ of taxpayers saw a decrease.
The careless arses that don't pay back what they are supposed to when they could have easily had the money but would rather not because they would rather ruin disadvantaged people's lives.
Quote:
Originally Posted by oceangaia
So file a lawsuit against them and see if an impartial jury sees it your way.
They actually already had a lawsuit against them but it never goes back to individual borrowers seems like and there's often a statute of limitations anyways (maybe schools are different though?)
The careless arses that don't pay back what they are supposed to when they could have easily had the money but would rather not because they would rather ruin disadvantaged people's lives.
You're in that category. You have a job, so you have money, but you think you shouldn't have to pay back your student loans.
What makes you think you're not being careless and selfish in claiming you shouldn't have to pay back your tens of thousands of dollars in student loans.
I was talking about careless and selfish people..you know like sleazy snakes (Trump is a good example but not who I was talking about) and chain smokers.
Quote:
Originally Posted by kanonka
Depends what connections he has, or if he happen to be in right place in the right time.
If uncle of that dropout happened to be Rothschild (which is again a "sheer dumb luck"), then he has 100% more chances to get that job compared to that "well groomed" person.
Or take a look at Bill Gates. If memory serves me right, he is a dropout from college. But having mom that handed him exclusive rights from IBM helped a bit
Remember one hard cold fact: horse was the hardest working creature on the farm, but all profits were pocketed by farmer. Hard work takes you nowhere. Same applies to any education.
Sometimes people are good at lying too or embellishing the truth.
I was talking about careless and selfish people..you know like sleazy snakes (Trump is a good example but not who I was talking about) and chain smokers.
What makes you think you're not being careless and selfish in claiming you shouldn't have to pay back your tens of thousands of dollars in student loans?
Quote:
I'm on Section 8 for one. I have 10 dollars right now.
You have a job. You have money. Make your loan payments.
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