After a two-week vacation, Joe Biden returned from his Delaware beach vacation to announce his official plans to make two-thirds of Americans – those who did not go to college – pay off the loans of the one-third who did. The U.S. government will “forgive” $10,000 in federal student loan debt for millions of Americans and up to $20,000 for those who received Pell Grants.
Question from a Reporter:
“Is this unfair to people who paid their student loans or chose not to take out loans?”
“Is it fair to people who…do not own multibillion dollar businesses? They see why these guys getting all the tax credits? Is that fair? What do you think?”
Are You Confused Yet?
Fortunately, White House Press Secretary Karine Jean-Pierre was on the case to clarify. (Hahaha just kidding. No one can explain how this policy is fair because it fundamentally is not,) offers BRIGHT editors.
The Debit Isn’t Cancelable
David Harsanyi explains in SpectatorWorld that the president isn’t “canceling” or “forgiving” any student loans.
Those are preposterous euphemisms favored by Democrats and the media. The debt in question already exists, it has been lent and spent, and those who borrowed the money of their own volition have already received services. This debt isn’t cancelable.
A Political Bribe
Politically, the Biden administration’s plan to steal from the working class to pay off the debts of the highly educated corporate class marks the pinnacle of the Democrat’s shift from Blue Collars to the Elite.
The realignment, BRIGHT editors, remind readers, is real.
Free Latte for All?
Ethically and politically, what does Biden’s policy say to people who played by the rules and took responsibility for their actions? They paid their own debts or never incurred them because they skipped college and became plumbers or electricians, continues Mr. Harsanyi.
Democrats hope those poor suckers are outnumbered by young, white-collar voters with student debt who appreciate the gift. Republicans will remind everyone else that there’s no free latte. If you want one, you should pay for it yourself.
If you’re willing to fight for Main Street America, click here to sign up for the Richardcyoung.com free weekly email.