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Hey Kids, Don’t Spend Those Loan Balances Yet

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By Ray Cardello for April 18, 2024, Season 25 / Post 49

Do you remember when you asked your parents for a pony for your birthday, and they nodded in agreement? When you woke up on your special day, there was no pony, and you knew you had been duped. Well, kids, you have been duped again. Like there was no pony, your student loans are still waiting for your next payment. Biden keeps making promises. Biden is blowing smoke up your butts in the hope that you will vote for him before reality sets in, and in many cases, he will be correct. Today’s students will spend upwards of $400,000 on a useless curriculum like Progressive Political Logic and look to have their student loans forgiven when they realize the Logic doesn’t exist, nor did the six-figure job.

Biden was already put back in the barn by the Supreme Court the first time he tried this ploy, but that will not stop him from trying again. After all, the only other issue he can run on is abortion. It is a sad scenario that the two issues that the Democrats feel resonate with young people are free education and the ability to kill your unplanned or unwanted baby. If this is true, we need to do a better job of building a foundation with our children. It is a travesty that the Democrats do not have a brighter view of the future for our children or the country.

With inflation crushing the dreams of the Millenials and Gen-Z and destroying the plans for a comfortable retirement for Americans who have worked their whole lives to get there, Joe Biden is adding to our expenses by transferring the responsibility of student loans from the students to the rest of us. When he does speak in public, or reads the teleprompter is more accurate, three lines get the the biggest applause. They are his promise to restore Roe v. Wade (of course), forgive student debt, and wipe out the $10 late fee on credit card payments.

He has no way to reverse the ruling of the Supreme Court on abortion. The court returned the decision on abortion rights to the states, which is where it belongs. We have already discussed the Biden Student Loan forgiveness fiasco. The elimination of the $10 late fee shows how Democrats cannot see the actual problem when they come up with a talking point. Credit card debt is at an all-time high due to Biden’s lousy economic policies. Bidenomics has slowed our economy and shot inflation into the stratosphere. Some credit card companies have increased their interest rates to 30%. That used to be the rate you would get from Cousin Vinny, but now that is what AMEX charges some customers. The $10 fee that bothers Joe is a drop in the bucket compared to the interest rate that makes repaying the debt extremely difficult. It is shortsighted to see that the young voters of America are excited about saving $10 while paying mob rates. Cheering Biden already shows they don’t have a clue about reality.

Content syndicated from Conservative View from New Hampshire with permission

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Ray Cardello

As a lifelong Conservative and resident of New Hampshire, Ray Cardello is positioned to speak with common sense about the happenings of the nation and the region. Conservative View from New Hampshire is Ray’s second blog and podcast effort in 20 years. He has published over 1,000 articles since January 2021, is syndicated on 15 websites, and is published on over 65 sites. Ray is passionate about his writing and sees the Internet as the only way for Conservatives to compete with the mainstream media. Ray claims there will be much to discuss as we move forward and his blog will not focus strictly on Washington but will also delve into State and Local issues as well. There is so much going on and so little factual sources of information to rely on.

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