Quote (LeSausage @ 17 Jul 2016 20:24)

Did you not just describe a loan?

Quote (Saucisson6000 @ Jul 17 2016 02:28pm)

nope

Quote (LeSausage @ 17 Jul 2016 20:32)

Free education until you can pay for it... So you get a loan, and don't pay it off until you've graduated and can find a career in a field pertaining to your degree?

Quote (Saucisson6000 @ Jul 17 2016 02:47pm)

education doesnt starts when you are 18.

Quote (LeSausage @ 17 Jul 2016 20:59)

I didn't realize people paid on contact for education before university.

Quote (Saucisson6000 @ Jul 17 2016 03:02pm)

libertarian freedom for those who can buy it

Quote (LeSausage @ Jul 17 2016 08:24pm)

Small to moderates amounts of debt don't exist in the US currently, only excessively large. The debt may not prove to be a problem in the near future, but if it continues to grow at the current rate it could bring about a situation where we need severe tax hikes to pay for the interest, we default or we resort to massive amounts of QE and likely large amounts of inflation to go with it.


Did you not just describe a loan?

Quote (dro94 @ Jul 17 2016 03:08pm)

Your debt to GDP ratio is around 1:1 iirc. That's not excessively large, Japan has had 1.3:1 debt to gdp for over a decade and they're still a huge and successful economy. It's only excessively large in your subjective opinion.

Quote (LeSausage @ 17 Jul 2016 21:07)

So what was your point exactly? How exactly is the voucher program he's proposing different than the current system other than allowing greater school choice?

Quote (dro94 @ Jul 17 2016 03:08pm)

Your debt to GDP ratio is around 1:1 iirc. That's not excessively large, Japan has had 1.3:1 debt to gdp for over a decade and they're still a huge and successful economy. It's only excessively large in your subjective opinion.

Quote (bogie160 @ Jul 17 2016 03:09pm)

Japan has serious economic problems, let's not go down that route.