Row 71462
Content Data
This page contains data entry 71462 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
Look, I don't want you to fail, I don't begrudge you a successful business. "If it fails it fails" vs "you're not allowed to continue your successful, legal business" are not two different things though. If we are going to do the whole dog eat dog, only the strong survive thing you do not get a special carve out because you did not create a significant enough financial cushion to withstand a black swan event.
Now let's be clear, I emphatically, absolutely do not believe we should run the country that way. It's not so much that I resent you for taking advantage of a reasonable one time economic stimulus program, it's that a lot of people who did, a lot of people who say PPP loans are a good thing will, in almost the same breath, declare that while their economic hardship was completely worthy of government intervention student loan holders should not receive help. Or we shouldn't have welfare programs of any type.
The thing that makes lots of us very spiteful is that we know that one day we may be struck ill, or we will retire and the market will crash, or lose our jobs in a recession, and what we've been told over and over again is that your black swan event is somehow worthy of rescue but when the shit hits the fan for the rest of us the message is "personal responsibility, you should have planned better for this event and you're just going to have to figure it out / pull yourself up by your bootstraps."
So, what I really need explained to me is why your economic hardship is exempted from the retort that you simply should have planned better and managed your business and finances better but the hardships of others are not worthy of such exemption? I do tend to think we should intervene when the shit hits the fan, but what I find infuriating, dividing, and difficult is that there's a lot of hypocrisy when it comes to such intervention. I think we need consistency, I think we either need both welfare and PPP loans and to recognize that the government has a role to play in providing a sort of social insurance against catastrophe or we need to have the restraint to live our Darwinian economic values whether it's the unhoused looking for a meal or the banker losing his business.
| Field | Value |
|---|---|
| text | Look, I don't want you to fail, I don't begrudge you a successful business. "If it fails it fails" vs "you're not allowed to continue your successful, legal business" are not two different things though. If we are going to do the whole dog eat dog, only the strong survive thing you do not get a special carve out because you did not create a significant enough financial cushion to withstand a black swan event. Now let's be clear, I emphatically, absolutely do not believe we should run the cou… |
| label | r/economics |
| dataType | comment |
| communityName | r/Economics |
| datetime | 2024-05-24 |
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Raw Record
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"text": "Look, I don't want you to fail, I don't begrudge you a successful business. \"If it fails it fails\" vs \"you're not allowed to continue your successful, legal business\" are not two different things though. If we are going to do the whole dog eat dog, only the strong survive thing you do not get a special carve out because you did not create a significant enough financial cushion to withstand a black swan event.\n\n\nNow let's be clear, I emphatically, absolutely do not believe we should run the country that way. It's not so much that I resent you for taking advantage of a reasonable one time economic stimulus program, it's that a lot of people who did, a lot of people who say PPP loans are a good thing will, in almost the same breath, declare that while their economic hardship was completely worthy of government intervention student loan holders should not receive help. Or we shouldn't have welfare programs of any type.\n\n\nThe thing that makes lots of us very spiteful is that we know that one day we may be struck ill, or we will retire and the market will crash, or lose our jobs in a recession, and what we've been told over and over again is that your black swan event is somehow worthy of rescue but when the shit hits the fan for the rest of us the message is \"personal responsibility, you should have planned better for this event and you're just going to have to figure it out / pull yourself up by your bootstraps.\"\n\n\nSo, what I really need explained to me is why your economic hardship is exempted from the retort that you simply should have planned better and managed your business and finances better but the hardships of others are not worthy of such exemption? I do tend to think we should intervene when the shit hits the fan, but what I find infuriating, dividing, and difficult is that there's a lot of hypocrisy when it comes to such intervention. I think we need consistency, I think we either need both welfare and PPP loans and to recognize that the government has a role to play in providing a sort of social insurance against catastrophe or we need to have the restraint to live our Darwinian economic values whether it's the unhoused looking for a meal or the banker losing his business.",
"label": "r/economics",
"dataType": "comment",
"communityName": "r/Economics",
"datetime": "2024-05-24",
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}
Entry Information
- Entry ID: 71462
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000