Posted by wylie715 on 12/17/2020 3:36:00 PM (view original):
yes, we should, but how do you implement such a program? who decides who is eligible and who isn't? My idea of someone who is doing their best is probably different from your idea of who is doing their best. You have given the impression that if someone is poor or living in poverty, it is because they are irresponsible or don't want to better themselves. You may not actually think that, but that is the impression I get.
Well if you went to school and received a degree you are likely not "poor". You may live with your folks and decided to be an English major and now work at Home Depot but your debts are $150k in student loans. Sorry, you made a bad decision. No bail out.
If you have engineering major and have the same $150k in debt, you took a chance and started a company but the company failed say due to COVID or because the idea just didn't take off, I have zero issues extending the no payment option for a few years because of the circumstances. In the end this won't matter but I don't like broad brush strokes. They to me are illogical.
Per the Brookings Institute (left leaning) if you do these three things you have a 98% chance not to be poor:
#1) Graduate HS
#2) Get a job
#3) Don't be a single parent
I would certainly support resources to make those three happen for everyone.