Every day Biden does stupider things.
The only thing stupider is Kamala.
In article <t2al82$3g466$233@news.freedyn.de>
governor.swill@gmail.com wrote:
Every day Biden does stupider things.
The only thing stupider is Kamala.
Less than three months before the midterm elections, President
Joe Biden is expected to announce plans to “forgive” up to
$10,000 in student loan debt for Americans who earn less than
$125,000 a year by burdening taxpayers with that debt and
freezing loan payments for about four more moths — long enough
to last through the November midterms.
It’s an illegal move that will likely exacerbate inflation,
but
with help from the corporate media spin machine, it could give
Democrats, desperate to gain some ground with voters who say the
nation is heading in the wrong direction, a small boost.
Biden had plenty of opportunities to dump the debt of the rich
on poorer taxpayers over the last year and a half, but he
refused.
Why? Because he wanted to save it as a last-ditch
effort to bait Americans over to the left side of the political
aisle in a key election that will determine whether Democrats
keep control of the House and Senate.
Instead of giving in to pressure from activists and Democrats
such as Senate Majority Leader Chuck Schumer, Sen. Elizabeth
Warren, and Rep. Ayanna Pressley, who begged him to relieve up
to $50,000 of college bills per borrower as early as February
2021, Biden waited for the prime political moment to touch the
$300-$980 billion pile of qualifying student debt.
What would make Democrats on the campaign trail more willing to
close the distance they’ve created between themselves and the
catastrophic Biden administration?
Perhaps the ability to tout
Biden’s misnamed “student loan forgiveness” as a part of the
Democrat platform.
Of course, shoving the dues of millions of Americans onto
taxpayers and delaying other loan payments isn’t popular with
everyone.
Biden’s decision to relocate debt will likely anger
millions of voters who did, as one Iowa father explained to
Warren in 2020, “the right thing” by paying off their student
loans. Despite their hard work, delayed vacations, and strict
budgeting, those Americans will not be rewarded anything except
more financial strain. Biden’s plan will also likely vex the
millions of Americans who had the financial foresight to choose
a more affordable path to a career.
Yet Biden’s approval rating is so bad that he’s apparently OK
with frustrating a large part of the country to cater to heavily-
indebted Democrat voters and government employees who have
propped up his presidency despite its laundry list of crises and
flaws. Surveys suggest
that approximately 1 in 5 Democrats
wouldn’t vote for Biden if he didn’t do something about student
loan debt.
That’s not something Biden or his cronies in Congress
are willing to risk in November.
https://thefederalist.com/2022/08/24/bidens-plan-to-dump-student- >loan-debt-onto-taxpayers-is-blatant-vote-buying/
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