• afraid_of_zombies@lemmy.world
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    10 months ago

    There is also a lobbying effort behind it. We can’t ignore that economists continue to argue for bank bailouts and against welfare programs.

      • afraid_of_zombies@lemmy.world
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        10 months ago

        I don’t think so. Seen a bunch of studies on it and pretty much no economist backs student loan amnesty while all of them backed the bank bailouts.

        Even sent a few emails out to a few and they all confirmed that they did hold these two positions.

        Plus you have an entire lobbying company that provides rent-economists for subcommittee hearings. You pay them, they get an economist to testify under oath that the policy you want is the best policy.

      • butt_mountain_69420@lemmy.world
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        10 months ago

        economist

        I haven’t a fuck to give about the opinion of some Ivy-leaguer whose entire inheritance depends on the status quo and stealing the labor of the working classes.