this post was submitted on 05 Jan 2024
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[–] afraid_of_zombies@lemmy.world 9 points 10 months ago (1 children)

There is also a lobbying effort behind it. We can't ignore that economists continue to argue for bank bailouts and against welfare programs.

[–] SwallowsDick@lemmy.world 3 points 10 months ago (2 children)

Economists that mainstream media chooses to focus on, that is

[–] afraid_of_zombies@lemmy.world 2 points 10 months ago

I don't think so. Seen a bunch of studies on it and pretty much no economist backs student loan amnesty while all of them backed the bank bailouts.

Even sent a few emails out to a few and they all confirmed that they did hold these two positions.

Plus you have an entire lobbying company that provides rent-economists for subcommittee hearings. You pay them, they get an economist to testify under oath that the policy you want is the best policy.

[–] butt_mountain_69420@lemmy.world 0 points 10 months ago

economist

I haven't a fuck to give about the opinion of some Ivy-leaguer whose entire inheritance depends on the status quo and stealing the labor of the working classes.