At some point someone is going to need to define “the rich” in concrete terms.
PerformativeConcern
performativeconcern
I generally agree with you. I’d just argue that it’s really the only reason things are where they are. Colleges and universities (and the federal government) are just responding to consumer demand.
Colleges and universities can charge whatever they like as long as people are lining up to pay it. Combine that with people that treat post-secondary education as an “investment” rather than an investment with quantifiable costs and returns and you get a mess.
“I love that you’re saying that everyone should be able to understand personal finance”
Debt as universally bad is the financial equivalent of being the assigned the tambourine in a band. It’s more complicated than that. Debt is a tool. It is not innately good or bad.
1) How do you reconcile the fact that the system is fluid? You can surely teach fundamentals since those don’t really change all that often but do you really have enough instruction hours to cover specifics knowing that they almost certainly change? Are there not fundamental concepts that won’t change that would…
“It was almost inarguably much worse than anything in the 90s or 2000s/2010s, which makes it worse than any year lived by a large percentage of the people that visit here.”
People might not like it but a lot of financial success comes down to plain old math. Education, careers, home ownership, retirement, most of our decisions come down to basic math and we live in a country where people prefer blind adherence to index card axioms rather than sitting down with a calculator and figuring…
If other millennials (yep, I’m a millennial too) do not understand that 40 years of runway is plenty of time to tackle retirement they need to be bombarded with that fact until they do. The fact that old people are screwed is not our problem to solve. You know how in the safety briefing before flying you’re told to…
Clearly these staffers don’t understand that economic inequality is the root of these problems. As soon as Bernie fixes that sexual harassment and violence will solve themselves.
“Sure, but there are also people who did everything right and are now screwed because others thought it would be fun to gamble with their futures.”
GMG: Crippling student debt! We’re broke! We’re destitute! Goddamn it all!
“But his advice for Dems to give into compromise perhaps more reflects a cynicism stemming from having his efforts blocked at every turn for a few decades”
Who said it was debatable? I said it’s more complicated than that one sentence you just regurgitated again.
“Readers are understandably irritated by articles like these”
Whether or not wages are keeping pace is more complicated than some people make it out to be. It’s also relevant for people to stop repeating that statement as if it applies to all workers as opposed to the middle fifth of the working population aka “average” workers.
“I know tons of people that lost all their money when the market tanked!”
Federal contractors are hardly comparable to gig workers. In fact most contractors are hardly comparable to gig workers.
How many times has Splinter complained that spineless Democrats weren’t willing to escalate to shutdown for <insert_issue_of_the_month>? You can’t advocate for shutdown tactics and then crow when you see the result.