Originally Posted by
ArizonaXUGrad
This argument is tired and old. When did I ever ask for handouts? This is straight out of the supply-side narrative to change the argument to handouts instead of what it should be which is fair compensation and the ability of all to build wealth.
If you don't see the current system as one that is attempting to create a generation of people with large amounts of debt, working diligently to attempt to pay down that debt, and accepting of the current system because it's all they have, then I just can't help you.
I graduated in '98 when a car loan was 3 years, 4 years to lower the payment, and 5 years was the absolute max. One has to go to a Credit Union now for anything under 5 years for a new car and dealers are going up to 7 years. Home loans are already up to 40 years if you want one and I bet my kids will be able to get a 50 year loan. Wages have not met costs and your ability to obtain long term debt and the ever increasing term debt speaks novels for those willing to see.
Edit: I guess you hated TARP, you hated the farm bailouts people just got, you must really hate food stamps, and Medicare, Social Security, etc. Government should just be overpaying for military stuff and bootstraps to hand out to the public.