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<p>[QUOTE="Valentinian, post: 2533283, member: 44316"]That type is rare. I'm not sure it was as popular as they hoped it would be. Forgiving debts is risky politically. Sure, those rich people with huge debts make out like bandits, but the rest, without debt, realize they've been screwed. They paid their debts like good citizens and others got away without doing it. This policy can't be popular with the masses, although if it is "spun" right, maybe it would be. It is like promising to lower taxes (sounds good!) and hoping you won't notice they are not <i>your</i> taxes being lowered.[/QUOTE]</p><p><br /></p>
[QUOTE="Valentinian, post: 2533283, member: 44316"]That type is rare. I'm not sure it was as popular as they hoped it would be. Forgiving debts is risky politically. Sure, those rich people with huge debts make out like bandits, but the rest, without debt, realize they've been screwed. They paid their debts like good citizens and others got away without doing it. This policy can't be popular with the masses, although if it is "spun" right, maybe it would be. It is like promising to lower taxes (sounds good!) and hoping you won't notice they are not [I]your[/I] taxes being lowered.[/QUOTE]
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