Remember Joe Biden’s unconstitutional decision to write off perhaps as much as $1 trillion in student loan debt accrued by drug-addicted gender studies students at the local community college?
The good news is that this latest giveaway to the non-working classes has been halted by a federal judge. The bad news is that this is likely only a temporary reprieve, subject to being overturned by a higher court.
So now, just as the holiday season rolls around, there’s been a survey of what youngsters will be using with their bargains. Here is the headline from CNBC:
“After student loan forgiveness, 73% of borrowers will spend more on travel and dining.”
Isn’t it special? If you look at the actual poll numbers, of the 1,250 respondents, 28% of goatee hipsters plan to use the extra money for “drugs/alcohol,” and another 27% will splurge on “gambling.”
Well, as long as they don’t waste the money….
I’m sure a lot of the money will be used for other necessities of life in the deadbeat demographic – tattoos, for example. And for cutting their buns and goats.
I mention this poll today because some media and Democrats (but I repeat myself) say that the proposed “pardon” could be one of the reasons why the red wave did not materialize.
According to at least one exit poll, 63% of voters in the 18-29 age bracket opted for the free stuff party.
That wasn’t the only issue the octogenarian Democratic Party leadership used to pander to America’s “utes.” But the other corner issues they fabricated for this election cycle mostly involved non-existent perils – no abortion! Pot smokers in jail! climatic apocalypse!
Student loan forgiveness, on the other hand, is real — it’s a direct handout to a group of unchanged losers, that is, Democrats.
They will not receive money directly, but up to $10,000 or $20,000 taken from their balance. This will likely translate to savings of hundreds of dollars per month in refunds (assuming of course that refunds ever resume, given the ongoing panic “emergency” that Brandon continues to declare every three months).
Among the children in their twenties crouched in their parents’ basement at the news, the excitement was high. Because even the distant prospect of one day having to repay the money they owed was a “crisis.”
“I almost dropped my phone when I saw the alert,” said one. Surely he meant that he almost dropped his… pipe, or his bong. But soon he will be able to buy better quality grass. Thanks Brandon!
When people like the Fake Indian promoted this idea of shifting over $1 trillion in debt from non-working people to the working classes, it was described as… “economic justice.”
Of course, the debt is not “forgiven”, it is transferred, from people who had voluntarily accepted the money that they were legally obliged to repay, to people who could not go to university to learn to operate drums and rolled joints.
Can someone say “equity?” »
That’s why Republicans who sued to end the giveaway claimed in their court filings that this latest Democratic welfare scam was “economically reckless and downright unfair.”
Exactly. And that’s why Democrats backed him so enthusiastically. They loved the “downright unfair” part of the mess even more than the “economically unwise” part.
Perhaps this latest flim-flam helped Democrats on Tuesday, at least on the sidelines. The problem is that the aids are still frozen – kind of like my reimbursement from the Ministry of Mass Revenue, come to think of it, which is my own money, not someone else’s.
But if this debt “forgiveness” is such an electoral winner for Democrats, why stop with Cheech and Chong demographics? Why not “pardon” for other segments of the population, those with real jobs, for example, who have been crushed by the Biden administration’s senseless economic policies since January 2021.
I mean, if the government can tell “students” that they don’t have to pay their legally incurred debts, why not deal with the terrible financial problems created by divorce? Why not “forgive” every man’s alimony and child support?
Let the Democrats foot the bill for every divorced father, like they want to foot the bill for every transgender illegal alien who went to Mass Bay Community College.
If Dad is required to pay off student loans for all of the modern Maynard G. Krebs characters, why shouldn’t Maynard participate in the Deplorable cisgender who has a job and doesn’t live in Mom’s basement?
Or, how about that? Everyone’s retirement plan has taken a hit since Brandon took the economy down. It’s not that it matters to all of the White House legacies and protected classes that have either a trust fund or a defined benefit pension plan, or most likely both.
But believe it or not, many people (often with calluses on their hands) don’t. Not everyone can be Ron Klain or Brian Deese.
How about the feds just return every penny every investor has lost since Jan 20, 2021 – in their 401K, 529, SEP, IRA, whatever. We can call it…reparations.
Then there are the mortgage payments. The hippies claim they were misled into thinking their associate degrees in queer studies would mean big jobs on Wall Street and Silicon Valley.
Doesn’t the same principle apply to those people who in 2020 bought ranches at $400,000 for a million-two and now the price is down to…400 gross?
Haven’t they been deceived too? Where is the forgiveness for recent buyers?
Christmas is coming. Wouldn’t you appreciate a “moratorium” or “pardon” on your truck or car payments? Or on your property taxes, or your cable bill? How about a day or a weekend of free shopping at Market Basket, or Total Wine, or… Total Weed?
As he stuffed his vacation envelopes full of cash payments for his local FBI agents, Whitey Bulger used to joke, “Christmas is for cops and kids.”
And now, this year, Christmas will also be for the Birkenstock boys. And this year, Christmas for everyone?
Tell Joe Biden it might even mean a… blue wave?