Thursday, April 18, 2024

Don't Fall For Democrats' Disastrous Student-Loan Racket

For partisan Democrats who don't give a whit about constitutional order, the student loan racket has no real downside.

They tell me student loan "Forgiveness" - a favorite euphemism of Democrats and thus the media - is quite popular in polls.

Biden can unilaterally break existing contracts and transfer the cost of those loans onto others, many of whom have either repaid their own student loans or never borrowed any money to begin with.

"Republicans are suing to make sure that Americans have to pay more in student loans, to make sure that you have to pay more interest to banks on your student loans," was the mind-blowingly dishonest way Maddow framed the case against Biden's power grab.

The White House has been similarly dishonestly accusing Biden's student loan scheme of having benefited from the Paycheck Protection Program.

Unlike student loans, PPP was intended to be a cash transfer from the government.

Finally, if Biden fails and the Supreme Court overturns another student loan "Forgiveness" scam because it is a clear usurpation of the separation of power, Democrats will just turn their attention back to their favorite pastime of smearing and delegitimizing the court. 

https://thefederalist.com/2024/04/17/dont-fall-for-democrats-dishonest-unconstitutional-norm-busting-vote-buying-student-loan-racket/

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