"An analysis from the University of Pennsylvania’s Wharton school concluded that Biden’s student loan bailout will cost taxpayers between $600 billion and more than $1 trillion, much more than the $300 billion figure that had been thrown around before the decision."
"You will notice that on social media, the usual response to the criticism of the student loan bailout (by highly emotional leftists) is to accuse critics of being selfish, heartless, cruel, bitter, angry, and so on. (Or they hallucinate that you own a bar and took Paycheck Protection Program loans.)"
They do their extreme best to try to stay away from the cold, hard numbers and facts of what is involved with What Biden has decided to do....like:
1. It's completely UN-Constitutional
2. It will increase the cost of college tuition in the future
3. Americans who responsibly paid off their own school loans will now get to help pay off others' debt without being reimbursed for their own.
4. Americans who never had and don't have school loans will have their money seized by the govt to help pay off someone else's loan.
5. This decision will NOT encourage people to be more careful about taking out large loans, instead just the opposite.
6. It will not màke people more diligent about paying back what they owe. It will not encourage personal responsibility. It will increase al already existing sense of liberal entitlement.
No, the argument is that those who oppose this are bad people, who have bad values. You are allegedly a bad person if you expect people to pay back money they owe and promised to pay back.
In the first debate between Mitt Romney and Barack Obama, after Romney had made an effective argument for means-testing entitlement programs and giving states more control how they administer programs such as Medicaid. Obama pivoted: “I want to talk about the values behind Social Security and Medicare and then talk about Medicare.”
Obama wanted the topic to be on the warm and fuzzy feelings about the subject, instead of the numbers, the long-term solvency, the details of the reform proposals.
According to Democrats you're a bad person if you don't want to pay off all student debt by those plagued by it...
....but you're NOT a bad person if you want to SEIZE money from tax payers, not giving them a choice, and forcing them to pay off the debt of those who signed up for that debt and promised to pay back that debt.
You're NOT a bad person if you support FORCED REDISTRIBUTION OF WEALTH by forcibly taking from 1 group to give to another where EVERYONE pays but ONLY A SELECT GROUP actually benefits.
You're NOT a bad person if you support taking money from Americans who are already struggling to get by because of Bidenflation, your retirement investments are evaporating due to plunging stock market, and pain already inflicted by Biden's horrific economy to pay off Student debt people signed up for and promised to pay hack.
"People who think the numbers undermine their argument, or who don’t know the numbers, or who don’t care about the numbers always want to shift the discussion away from cold hard facts and figures and towards touchy-feely “values” and feelings.
The fact that you don’t care about the numbers doesn’t make the numbers go away."
The Left Hates Talking about the Cold Hard Numbers | National Review
Progressives’ not liking the UPenn analysis saying the student-loan bailout will cost $600 billion to $1 trillion doesn’t mean it doesn’t exist.www.nationalreview.com
If Democrats don't pay attention to the figures, how is it that Republicans crash the economy every time a Republican is in the White House, and the economy thrives under Democratic Presidents?
If Democrats don't pay attention to the numbers, why is it that the deficit comes DOWN under every Democratic President, and goes WAY WAY UP under Republicans?
