565. Are Private Equity Firms Plundering the U.S. Economy? | Freakonomics Radio

They say they make companies more efficient through savvy management. Critics say they bend the rules to enrich themselves at the expense of consumers and employees. Can they both be right? (Probably not.)
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[@Ryanandboys]

As the dairy farmer who has many friends that are veterinarians with a lot of college debt I can empathize with them but why in the world would you make the average taxpayer pay for someone with a doctoral degree who will make much more money in their lifetime? That's what debt forgiveness is, The debt still gets paid by the taxpayers and it will get inflated away It's decreases the purchasing power of the average person who is being financially prudent. One of my good friends is a graduate of Cornell veterinary School and was a partner in the rather large veterinary practice in upstate New York and all the senior partners financed it to the junior partners who had significant college debt instead of selling out so it's absolutely possible.

[@ytqclys]

The name mobile home comes from the fact that they were first made in Mobile, Alabama. Not because they are designed to be easily moved.

[@tonycollyweston6182]

Private Equity should be made illegal like hard drugs.