Debt responsibilities, student edition

Quick comment on the tweet’s rhetoric:

Step 1: Government incentivizes orgy of debt.

Step 2: Many semi-responsible people indulge.

Step 3: Predictable economic disaster ensues.

Step 4: Debtors ask government to wave its magic money wand to disappear their debts.

Correction to Step 4: They *demand* the disappearance of the debt.

Step 5: Throw in claim that it’s about justice, not mercy at others’ expense. 

Step 6: Don’t forget to play the race card too.

Leave a Comment

Your email address will not be published. Required fields are marked *