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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[@cityguyusa]

They don't bring them in because they're good they bring them in because they have connections

[@shopsshire9282]

😢😢😢 I wonder how many thousands of are older citizens have died in nursing homes because a private equity firm owns them oh no excuse me how many senior citizens were murdered. Murdered because those places don't have the staffing to often catch things by the place up Lisa back cut the staff cut hours cut quality my gosh even hospitals now can't get their equipment because the private equity firm is not paying the bills so the hospital can have the equipment and proper medicines etc that can keep people alive this is murder

[@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.

[@Ryanrobi]

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.

[@inveele]

You don’t live in a bubble. Ph.D. graduates pay taxes just like you, and their contributions help fund the very systems that support your industry. The knowledge sector, where many of them work, drives more GDP growth than agriculture. So, dollar for dollar, it actually benefits you to encourage more Ph.D.s by supporting the relief of their student debt.

[@NYyankeeboi]

@@inveeleGive me a break, that sounds like something commie Harris regurgitated.

[@tonycollyweston6182]

Private Equity should be made illegal like hard drugs.

[@Nick-gk6hj]

Given this is debt fueled, gotta wonder if this is all possible with artificially low interest rates for too long

[@cityguyusa]

They're grifters.

[@jackrabbitjake]

Sure sounds like a lot of Jewish names involved with this story.. Are you uncovering some kind of financial mafia?

[@azalia423]

With ties to Izrale.