I try and bring up how he ruined free in state tuition in the name of hippie bashing when he was California’s governor often, but don’t exactly have the biggest platform.
“Worst of all, these students’ sense of the future is constrained by planning for and then paying down their student loans, often for decades. Economists are waking up to the fact that when young Americans enter the workforce burdened with over a trillion dollars in cumulative debt, they become risk averse, unwilling to move, less able to make major purchases, and slower to become homeowners. Not coincidentally, they don’t feel safe enough to register any major protests against the society that’s done this to them.”
i am reblogging again because….. fuck ronald reagan forever and ever and ever and ever.
Economists should be adept in their fields, how are they only now realizing that paying off our student debt is a fucking priority over anything else other than food?
Weird, it’s almost like there’s something missing from the study of economics.
Who would have possibly thought that a young generation owing trillions of dollars cumulatively could have an effect on the economy?
Reagan was trash.
Economists suddenly care not because millennial are burdened with crushing debt, but because millennial spending habits are now beginning to deprive the upper class boomers of the profits they feel entitled to.
Tuition began to skyrocket in the 1983 -1984 timeframe.
Nigga trafficked crack throughout inner city areas just to fuck up black communities.
Exactly lol like yall thought he gave a fuck about the economy when he was willing to fuck over entire ass neighborhoods? Reagan been trash & we been knew. And ppl in their early 20s BEEN saying this so economists late in the game ijs.