[EarthAmbassador]

So people suffered. That’s too bad. Others must suffer too. Why not stop the cycle?

And we subsidize corporate profits, and execute innocent people, and kill humans wars. That is fine in our names with our money.

So doing some good for comet students, who contributing and had no choice but to borrow, seems moral to me. But to be petty and moan about how it’s unfair when there is so much that is also unfair, that sounds small.

[simonsarris]

This proposal does zero to stop the cycle. It may well exacerbate the cycle. That is many people's problem with it in this thread.

[spxneo]

Not only does this raise cost of debt in the future but investors might become more wary that bastion of American hegemony, her rule of law can be changed now at the whims of its populist prone presidents eager to polarize and divide its citizens.

Just look at Israel. Gets attacked by a decentralized terror cell (its not just Hamas), gets criticized for going after said terrorists around the region (with enough backed by Iran) and the American president concerned with voters low key threatened Israeli prime minister that security agreement can be voided.

Same thing with Ukraine. Believed in US guarantees, now facing a totally different reality from where it was in 2022, with a reluctant American president who has to worry about voters.

All of the above populist policies are the result of generation like parent's comment, selfishly believing that they are somehow more deserving than others while offering no merit for that claim, haven't fought WW1 or WW2 or lived through Cold War or even experienced the War on Terror.

All this does is hurt the very people its designed to benefit in the long run (as always is with populist policies). It signals that they don't care about merit but virtue signaling away responsibility. From this I feel worried that American politics have picked the wrong fork in the road and we are going to see significant curb to our freedom, speech and common sense, globally.

[spxneo]

So you don't want to suffer but its okay that others including future generations suffer.

What gives this generation the right to avoid responsibility and burden other generations with their poor financial decision and inability to take responsibility?