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Joined 1 year ago
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Cake day: November 24th, 2023

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  • Off topic slightly, but I’ve seen on Lemmy lately where people are saying “get rid of gerrymandering” and I’m curious about the argument for this.

    Honestly, I’d love for it to happen, but I assumed it was impossible in a Representative Democracy because of how the system/math worked. Kinda of an inherit problem. Mostly because the ways I’ve heard to remedy this issue is to distribute districts in such a way that they more closely resemble their population ratios. However, isn’t this also a form of gerrymandering? Districts are getting set to way we think they should be. Not saying that wrong persay, just feel like a bandage solution. Like we’re beating a nail in with a wrench. In a way though, this reminds me of the Observer Effect in a way


  • Not the original person you replied too, but I don’t mind having hard conversations and trying to expand my world view. Now personally, I’m pro-“Student Debt Fixing”. From what I can tell, I think setting the interest rate to 0% would be the best fix. I’m not opposed to paying back what I owe, I just don’t think the government should be profiting from its citizens. However, I admit I’m not an economist and understand I’m probably misunderstanding something.

    Not you make a fair amount points and honestly, I don’t want to address them all (I’m tired :( )

    • I know you mentioned where you’re from, interest rates are capped, but I don’t believe we have those in an effective form for the U.S. for student loans. Loans provided by the Government have their interest rate set each year by Congress and usually it’s around 4-5%, but Congress can set it whatever they’d like. I can’t speak for private loans because I don’t have private student loans because it’s was always a bad offer for my situation.

    • I don’t completely buy your argument that if the government forgives a $180,000 loan that it’s money from the Federal Reserve that covers it and thus inflates the economy by $180k. Like if you wanted $100 for food and I gave it to you and I decided to forgive it. I don’t consider it paying myself $100 to account for it. I view it more “I gave up the opportunity to make $100”. Remind me of that joke about two economist in the forest.

    • How is the government nefarious for forgiving loans? You claim it’s about gaining greater control over the populous. However your own argument is forgiving loans would basically cause inflation to go up. Causing people to buy and save less. Hurting businesses in the process. Possibly causing a recession or even worse a depression. Meaning that the government would be at its weakest because that’s usually when taxes are also at their weakest. Historically, governments have their most control when populations are fat and happy. Most civil unrest are in uncertain times, such as recessions and depressions. If anything it’s more nefarious for the government to keep the loans and jack up the interest rates where people have no ability to pay it off and can’t bankrupt out of it.

    • While some of school tuition can be attributed to supply and demand. It can mostly be attributed to a change in how much grant money was awarded to student for college by some president in the 70s or 80s. Normally, I find out who it was, but again I’m tired. I think it was Nixon or Reagan, but Adam Ruins Everything has a decent video on it. Basically, since students couldn’t bankrupt out of loans and the US govt was the backer for these loans, colleges realized it was basically a free money glitch. So instead of competing on education per dollar, some started going for amenities per dollar. So Gyms, Pools, Various sport fields, other random as shit. Some of things had stupid price tags for maintenance alone and that greatly assisted in helping prices go up. Now why didn’t students be smart and choose their college more wisely? I think it’s best to remind ourselves of the demographic we’re dealing with. Often vain and short term thinkers. Some of them aren’t even done developing their brains. Plus I think it’s rich to give upset at people for making dumb choices before going to the place that makes them smart enough to realize how dumb they there. It’s like getting mad at your car for being broken before you take it to shop to get repaired.

    My hands hurt and my eyes yearn for sleep. Good night!