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<blockquote data-quote="rickyb" data-source="post: 4507286" data-attributes="member: 56035"><p>oh another one i think richard wolff quotes this and maybe michael hudson is the latest generation is the first generation in US history expected to do worse than the previous one.</p><p></p><p>the standard of living is falling in north america because of lower opportunities and rising costs.</p><p></p><p>when youre poor, you want a good safety net. if you are so poor that you are hungry, you want an efficient system of getting enough food for the day so you are not wasting your time looking for food, instead of looking for a job or something like that.</p><p></p><p>if you are poor, then you want an education system which is cheap or free because then you can spend more time studying instead of having to work. its madness to have an education system which racks up debt. you want to be free to pursue education. i look at student debt as a tax, and why would we as a society want to discourage people from going to school. it should be encouraged. its not competitive to have high student debt when other countries are not. also, whats the cost of the stress of having student debt and tuition? id love to hear that.</p><p></p><p>funding public transport is cheaper and more efficient than private transport.</p></blockquote><p></p>
[QUOTE="rickyb, post: 4507286, member: 56035"] oh another one i think richard wolff quotes this and maybe michael hudson is the latest generation is the first generation in US history expected to do worse than the previous one. the standard of living is falling in north america because of lower opportunities and rising costs. when youre poor, you want a good safety net. if you are so poor that you are hungry, you want an efficient system of getting enough food for the day so you are not wasting your time looking for food, instead of looking for a job or something like that. if you are poor, then you want an education system which is cheap or free because then you can spend more time studying instead of having to work. its madness to have an education system which racks up debt. you want to be free to pursue education. i look at student debt as a tax, and why would we as a society want to discourage people from going to school. it should be encouraged. its not competitive to have high student debt when other countries are not. also, whats the cost of the stress of having student debt and tuition? id love to hear that. funding public transport is cheaper and more efficient than private transport. [/QUOTE]
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