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RE: Rubio states how he paid off his student loans. Media mocks him for it

in #politics3 years ago

I agree…Rubio, Republicans and Democrats…write books, give luncheon speeches, etc…to accumulate wealth and pay off debt. I'm under the firm belief that people are people, no matter what their political affiliation is, politics seems to muddy the water of that reality, but people are the same. Philosophies may differ a little bit, but whenever it's faced with reality, pretty much everybody's on the same page, even if they don't say so on TV :)

I also agree about voting demographics, as people get older, they vote more. The federal budget is a classic example of this, that's why Social Security and Medicare persist…don't piss off the older voters :)

Yep, debt isn't eliminated, it is either transformed into less income (accounts receivable), lower asset prices (debt asset values), or other types of debt (debt swaps). I like Warren Buffett’s philosophy on free money…”nothing sedates rationality like large doses of effortless money.” This debt relief is not going to help Americans. And the politics of this is just going to make it worse.