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salin

(48,958 posts)
8. Here is one of the biggest ironies.. the reason for screwing them?
Fri May 25, 2012, 08:30 PM
May 2012

that the deficits that are accruing are going to be passed on to the younger generation (the same people.)

So get an education - with debt enough to be enslaving for much of your adulthood - in order to not have to pay higher taxes later in life. Restated - have far greater debt but save later on taxes (at far lower rate than what has been paid unless you end up earning high 6 figure salaries), or push for slightly higher taxes across the board (that you will pay when you do start earning) but have much less student loan debt.

Worse - put in real terms given the GOP intransigence against any rise in taxes on higher wealth or on mega-corporations - "So get an education, so the wealthiest people and corporations can maintain paying lower taxes than your familiy likely pays, and take on that debt to enslave you for much of your adult hood so that when you finally have paid off your student loan debts and have to pay higher taxes.

This is one of those examples that throws the GOP over used and inaccurate claim that the reason to push austerity (but not in the service of lowering debt, but in the service of preserving the Bush era tax cuts for the wealthy and corporations) is to protect younger people from debts being accrued today.

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