I've got a lot of debt, but wound up finding a unicorn (i.e. a professorship), so I'm fine. What this article doesn't entertain is that of course student debt is never worth it - all education should be provided free of charge.
I've got a lot of debt, but wound up finding a unicorn (i.e. a professorship), so I'm fine. What this article doesn't entertain is that of course student debt is never worth it - all education should be provided free of charge.
Alternatively, agitate to make K-PhD absolutely free under the notion that access to education is a basic human right and not something that should land anyone in debt peonage.
Lifehacker: work more! Always more. Never stop working and in fact always be enjoying all the working or you're a deficient person.
There is no necessary relationship between the rate of unemployment and inflation. What a childish myth that is.
Regardless of the economic argument (which, yikes, many commenters apparently have taken the world's shittiest Econ 101 class - where it's still 1965 and we pretend we know things like the money supply. It's quaint, really), the argument goes beyond that: we need to stop with a politics of pissing on people we think…
My heart swells with pride to see my brother, an escort, putting himself between the women getting their health care and these lunatics. And really, Red River Women's Health deserves a lot of credit, always taking the high road, never engaging these anti-choice people.
"There's an idiot on the field."
Hooray for MMT!
"Well, I do have a graduate degree in finance"
"DEBT Ceiling is about money we've BORROWED and subsequently spent. Right?"
It's true, I should not have been so stupid as to think that you might look into the empirical claims I made! So let me try to rectify my stupidity, though I have a feeling that if you're the one determining intelligence, perhaps I should try to remain as stupid as possible.
I would, and for empirical observations I would point to Japan and Iceland. Especially Japan.
I was hoping her next sentence would be, "Not raising the debt ceiling means I will instruct the Treasury to directly purchase government securities in order to stabilize the currency," but then c'mon now.
Someday "Why don't you get a different job?" will be replaced with "Why don't we respect the dignity of all jobs?"
Thank you for playing Internet Economist!
Fed debt: 14 Trillion
This is unfortunately the only feasible thing to do. I say unfortunately because we seem to forget that we, the public, own the airwaves, and we lease them to private companies on "our" (I mean, I know people don't ask us, only Mark Warner) airwaves.
@JoeJoeBrown: Is it possible that there has been an absolute and per capita lack of wheat this year? And that the US Federal Reserve has incredibly little to do with commodity prices abroad? And that core inflation is minimal?
Reminds me of an old Wobbly tune: "Hearts can starve as well as bodies - give us bread, but give us roses!"