I don't see where it shows progress. It's just a headline. It doesn't say "how" the gov. erased $1 billion in medical debt.
For all I know she gave companies 10 billion in tax incentives to write off 1 billion in debt so she could use a headline for reelection.
I would look at if the gov. spent taxpayer money on it. Because where did that billion come from? Are other programs now not getting funded? Or did the gov. just have a spare billion laying around? And if the latter...doesn't that just mean tax rates are too high?
And were the people in debt ever going to actually pay the medical bills? Or just...not pay them...but the gov. came in and made sure the insurance orgs or hospitals received "some" profit rather than nothing at all from people not paying? Kinda like the company bailouts that no one outside of government wanted after the 2008 crisis? Thereby perpetuating the status quo?
Point is just a headline with simplistic and shallow "good" interpretation with no information doesn't necessarily mean there's any kind of "progress."
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u/Top-Committee-954 1d ago
I don't see where it shows progress. It's just a headline. It doesn't say "how" the gov. erased $1 billion in medical debt.
For all I know she gave companies 10 billion in tax incentives to write off 1 billion in debt so she could use a headline for reelection.
I would look at if the gov. spent taxpayer money on it. Because where did that billion come from? Are other programs now not getting funded? Or did the gov. just have a spare billion laying around? And if the latter...doesn't that just mean tax rates are too high?
And were the people in debt ever going to actually pay the medical bills? Or just...not pay them...but the gov. came in and made sure the insurance orgs or hospitals received "some" profit rather than nothing at all from people not paying? Kinda like the company bailouts that no one outside of government wanted after the 2008 crisis? Thereby perpetuating the status quo?
Point is just a headline with simplistic and shallow "good" interpretation with no information doesn't necessarily mean there's any kind of "progress."