A lot of Americans are up in arms over the effort by Joe Biden to “forgive” some student debt.
My colleague Sister Toldjah reported on the father who asked Sen. Elizabeth Warren (D-MA) if he was going to get the money back that he spent to pay off his daughter’s student loans by working double shifts. Warren made it clear that she didn’t give a darn about that father’s question or about how unfair and wrong forgiving student debt was for the people who didn’t work or save like the father did to pay off those loans.
Now, the Secretary of Education, Miguel Cardona, has officially confirmed that hot take is the official Biden’s Administration’s position to Fox’s Peter Doocy.
The deal is not for those that have paid student loans.
Biden Education Secretary: “Right.”pic.twitter.com/LJW0lCMnXh
— RNC Research (@RNCResearch) August 24, 2022
So if you worked hard and paid off your loans, you’re just out of luck with the Biden Administration. They don’t care if the move is unfair or is going to shaft you guys. Not only aren’t you going to get anything, but you’re going to have to pay for the other people out of your taxes and/or the higher inflation that’s going to hit because the government could spend $300 billion in this effort.
Doocy tried to get answers from White House Press Secretary Karine Jean Pierre as to “who is paying” for all this largesse to college-educated people.
“Who pays for this?”Karine Jean-Pierre does not have any answer as to WHO is paying for Biden’s student loan bailout. pic.twitter.com/WdJ0eZJuhC
— RNC Research (@RNCResearch) August 24, 2022
But Jean-Pierre couldn’t seem to answer. Do she ever answer the question? She prattles about this was the most absurd run-around. She claims this is about “doing something for people who make less than $125,000.” I beg to differ — this is about doing something for the college-educated people who haven’t paid off their debts yet — it leaves out vast swathes of the American people who make less than $125,000, including the working class and those who did pay their debts. Plus, using taxpayer money to pay off people’s debts isn’t the role of the government anyway. It’s an out-and-out wealth transference — from the working class to the college-educated class. It’s also vote-buying for the midterms for some of their college-educated base — and all the rest of us are being made to pay for that political move.
The other problem with this entire move is the failure of Jean-Pierre to care or understand the implications for the system. Another reporter asked Jean-Pierre if this was “a tacit acknowledgment that yes, these policies could cause tuition rates to rise in the near future?”
Q: Is this a tacit acknowledgment of the potential dangers these policies might cause? [college]In the immediate future, tuition rates will rise
KARINE JEANPIERRE: Unknown pic.twitter.com/dNh0rw4HSj
— RNC Research (@RNCResearch) August 24, 2022
Jean-Pierre essentially says they don’t know, they’re looking into it. Shouldn’t they know before they make such a move? It stands to reason if it’s forgiven that the colleges will just raise rates. That’s what started the problem, to begin with, but Democrats don’t want to acknowledge it. As more money was pumped into the system the tuition spiraled out of control. But instead of recognizing that, they’re going to pump even more money into the system. This will only increase the prices.
So it’s unconstitutional, will increase inflation, and Americans will have to pay for it.
KJP reports that Joe Biden has taken responsibility.
DOOCY – “How is the country able to afford such an enormous handout?”
KJP: We are responsible for this. pic.twitter.com/ZerwLIf44n
— Townhall.com (@townhallcom) August 24, 2022
They have not acted responsibly in any way. This would be like setting ablaze a fire to inflict inflation on top of the high tuition cost. This is utter denial of the reality.
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