Comments by "Captain Capitalism" (@captaincapitalism264) on "Student loan payments restart after pandemic pause" video.

@whatabouttheearth You call him a fool, after using the words "shouldn't of either" in a sentence we're supposed to take seriously...uhm, no. College tuition only truly began skyrocketing after the federal govt nationalized student loans via a rider on 'Obamacare' in 2010. There's plenty of economic research demonstrating this direct correlation. As usual, most problems are caused by govt interference into the free market, ALWAYS causing more problems than they attempt to fix. When you study the U.S. regulatory history of the last 150 years, this correlation is also easy to see and demonstrate.
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@shadowwolfkano Those progressives in charge of the idea kicked it down the road for votes, period.
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They shouldn't have been nationalized by a rider on Obamacare in 2010, as THAT started the universities charging ever-higher prices as they saw deep pocket$ in the U.S. government. Direct correlation; there are plenty of graphs by economists demonstrating that fact.
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@shadowwolfkano It sounds like personal responsibility in a free market society.
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@ChiTownGrmRepr No bailouts for anyone, or any industry. That is crony capitalism, not real capitalism. There is no such thing as "too big to fail".
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@shadowwolfkano If you actually understood capitalism, you'd know the very real difference. "A communist is someone who has read Marx; a capitalist is someone who understands Marx." (Ronald Reagan)
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@shadowwolfkano Agreed that there have been so many 'fixes' and 'adjustments' to our capitalist system over the last 150 years, in the vain attempt to have what progressives call a "mixed economy", that they continually cause multiple problems in the long run -- far more than they attempted to 'fix'. The housing crisis of 2008/2009 is a prime example: its roots go back to the 1970s with Congress coercing banks at gunpoint, essentially, to engage in what the Democrats labeled "compassionate lending".
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You already are. Obama & Congress nationalized student loans via a rider on 'Obamacare' in 2010. THAT led to universities beginning to raise prices drastically ever since then. I say, re-privatize student loans; every time the govt interferes into the free market, it always ALWAYS causes more problems in the long run (studying U.S. regulatory history of the last 150 years led me to that easy-to-see conclusion).
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@AmericanTeacher-USA Agreed -- a problem the federal govt created by nationalizing student loans on that rider to Obamacare in 2010. Plenty of research shows direct correlation.
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@shadowwolfkano Agreed, no bailouts for anyone, for any industry. There is no such thing as "too big to fail".
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@BeerMetal58 Yes -- the SC corrected one of the problems created by Congress & POTUS in 2010, ones we're still suffering under.
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@6300As Also, yes.
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This is a government-created problem (higher tuition). Prior to the federal government taking over the student loan programs in 2010 as a rider on 'Obamacare', this wasn't anywhere near as big an issue. Economists have created easy-to-read graphs demonstrating how colleges & universities began raising prices, STEEPLY, after 2010 on an ever-upward scale: because they KNEW the federal government would be the deep pockets to guarantee those student loans into perpetuity. As popular Cold War economist John M. Keynes basically advised post-WW2 Presidents & Congresses last century, (over)spending is Ok because the government is the only entity that can perpetually run in the 'red', outlive us all, and therefore it's not really a problem. 🙄 So once again, it is specifically GOVERNMENT which is to blame (just like the housing 'crisis' of 2008/2009).
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