Thread/
Progressive Dems like Elizabeth Warren and Bernie Sanders seek to gain power and buy votes by addressing symptoms, not root causes of problems.

The problem with college debt is several-fold. Colleges are “selling” educations that are more expensive than they are worth.
If people received jobs that validated the costs of those educations, they’d be able to pay it back with no problem.

Also, students and their parents are not understanding return on investment of education and taking out far too much debt via the product’s worth.
This is made worse by the government being willing to lend with no direct criteria (for example, loaning more for an engineering degree vs. a social work degree).
Forgiving college debt on the tax payer’s dime does not address these problems and shirks personal responsibility, transferring it to other people. If there should be any responsibility transfer, it is to the colleges.
Let the colleges forgive the loans, since they sold ones that didn’t generate an ROI.
Then, get the government out of the lending game, make colleges have skin in the game, increase education and transparency on ROI of education debt and debt in general and allow loans to be tied to relevant factors (GPAs, degrees, etc.).
The same goes for healthcare. We need to address the cost of healthcare, not just try to make it “free”, which we know will ultimately bloat costs and decrease quality.
Here’s a quick quiz. How much do you think it costs for the following procedures on average?

Lasik surgery?
Breast augmentation?
Knee replacement?
Lasik-Less than $2k an eye
Boob job-$3700 (less than $2k a boob)
Knee replacement-$49,500 per knee (around $100k for both knees)

Guess which is covered by health insurance and which aren’t?
Allowing for competition, transparency and having the recipient pay brings costs down
We need to be addressing root causes of problems to find solutions, not throwing money at symptoms.

Someone who is such a "policy wonk" as Warren claims to be should understand that. Grandpa Commie of course doesn't care to understand that- it's not part of his grift.
And this is not just an indictment of Dems. The GOP has dropped the ball and not been able to put a simple healthcare plan forward that could pass Congress in a decade, during which time they have bitched and whined incessantly. It’s an embarrassment for them.
At the end of the day, we don’t need bad solutions; we need free market solutions. Competition and transparency brings prices down and quality up. Interference with those forces drives prices up and quality down.

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More from @caroljsroth

Jul 18, 2021
I am sick of the politicization of everything and infuriated by those who continually do such, their lack of awareness when it is inconvenient "for their side" + utter hypocrisy. The latest is the vaccines-some examples of the flip-flops purely based on politics...
About half-way through, the "informing" of everyone how long other vaccines took and not to fall for it...
Read 9 tweets
Jun 26, 2021
Thread/
I’ve written in detail about the biggest, most ignored story-govt enabling the hugest wealth transfer in history from Main Street to Wall Street, enabled by govt deciding who would thrive and who would fight to survive, aided by the Fed, and corporate media won't cover it
For my book, as of today, I am scheduled for exactly zero morning TV programs + zero prime time shows on network or cable. None of the major newspaper outlets are reviewing or excerpting the book. We had one agree...
..., where the writer loved the book and thought it was “fascinating” and informed my publisher’s PR end of day yesterday that the editors pulled it. Not to mention the corporate gig getting canceled as well.
Read 10 tweets
Mar 6, 2021
Thread
When you stop to get a shoe shine, do you ask the person how many customers they have had that day and how much they need to live on, or do you ask for the price?
When you buy a loaf of bread from a vendor at a fair, do you ask the person how many customers they have had that day? Do you not care that they may not make a “living wage” that day? Are you not personally obligated by taking their output to ensure they can live? Of course not.
When you trade your money for others’ time or skills, that is based on the value you place on the skills, supply, demand, not an evaluation of their personal needs. This is no different than when someone applies for a job in low-skilled arenas.
Read 12 tweets
Dec 29, 2020
Thread/
Why do people not trust “experts”, the govt or the media?

Here’s a little bit on what happened around masks.

While some will say the science changed or the information changed, it did not. The politics changed (as admitted in the
thread)…
First, studies back to 2007 recommended mask wearing as protocol for similar respiratory viruses. This was known by “experts”. ncbi.nlm.nih.gov/pmc/articles/P…; acpjournals.org/doi/10.7326/00…; nytimes.com/2020/03/27/hea…
Here’s what we were told.
February 2020, people were buying masks on their own. The US Surgeon general said to STOP

Read 17 tweets
Dec 1, 2020
Board diversity thread re @Nasdaq’s diversity quota—

I have been a public company director; I’m currently a private company director and let me tell you why this is a horrible idea...

wsj.com/articles/nasda…
First, is board diversity an issue. Yes. Boards in general are packed with cronies and people not willing to "go against the crowd".

Diversity is a good and important factor for corporate governance and otherwise, but quotas make me uncomfortable...
Diversity is valuable because it ensures a variety of perspectives, experiences, networks & thought processes are included in the company’s management or governance. This gives companies a richer pool of information to draw from and more thoughtful customer & stakeholder outcomes
Read 9 tweets
Jun 7, 2020
Hey, @BridgetPhetasy, I hate to be the bearer of bad news, but...
By the way, in Tom Arnold’s fantasy civil war, which side do you think has the advantage? The guy who is going to “borrow his dad’s hunting rifle” or the ones who have a bunch and know how to use them? Dude, seriously.
“Tom Arnold and Rob Reiner in...Civil War, 2020!”
Read 5 tweets

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