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re: NYT: study: cancelling people’s medical debt has no impact on their financial situation
Posted on 4/23/24 at 8:29 pm to HailHailtoMichigan!
Posted on 4/23/24 at 8:29 pm to HailHailtoMichigan!
quote:
His segment was about how medical debt was holding these people down and was why they couldn’t get ahead in life.
A study of *83,000* people (an insanely statistically robust sample) found no such improvement and their overall debt levels remained the same, no change in financial distress.
Basically, Oliver ignored the personal financial habits of these people and assumed the “system” was holding them down.
Turns out these folks were just bad with money
Why do so many people believe the inverse of reality? Its insanity. People are in debt because they are stupid, lazy, and life choices.
You take everything away from everyone and in 1000 years you have the same bloodlines with the same success. These people just won't accept it.
This post was edited on 4/23/24 at 8:30 pm
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