OpinionTrending Commentary

It Is Not Forgiveness, It Is A Bailout

Robin Hood took from the rich to give to the poor. Robin Hood was a textbook Socialist. It made for a good story but not a good lesson. What Joe Biden is doing is the opposite of Mr. Hood. With Biden’s plan, 30 million Americans, regardless of income, can take their Student Loan Note and give it to their neighbor. Regardless of income, every man and woman in America will be on the hook for as much as $430 Billion. Biden has been claiming that Bidenomics, his failing economic blueprint, is built around the middle class. This illegal plan that Biden keeps pushing in defiance of the Supreme Court will take money from someone who may make $1.5 million in their lifetime for someone who will earn upwards of $5 million in their lifetime. It appears that the graduates will have a better lifetime thanks to people they do not know.

Polls show that 62% of Americans think that there should be some level of forgiveness for graduates. 62% of Americans are wrong. There is no justification for this forgiveness. The only reason is for votes, plain and simple. Joe Biden used this shell game successfully in the 2022 midterms. He put the promise out, and Democrats garnered the extra votes on this issue before the Supreme Court shut it down. The graduates did not get the cash, but the Democrats did get the votes. Can graduates be foolish or naive enough to fall for the same ploy again? Biden is banking on it. The scheme is actually twofold. He is hoping for votes, but the attention focused on the subject is blowing smoke on the hobbled Biden economy.

The Biden Plan is one symptom of the financial pandemic seizing higher education. The other, fueled by easy tuition financing and the promise of forgiveness, is out-of-control increases in tuition rates. It seems like we were aghast at $60,000 annual tuition just a year ago, but this year, we see numerous schools pushing the bar to $90,000 and more. These are not just the Ivy League schools; Tufts in Boston is proud of their $95,000 rate. The sky is the limit if students are willing to pay or mortgage their future.

Returning to forgiveness, why should we even think about it. Well, Congresswoman Cortez has the answer. These people deserve it. Whether they use the money to buy a house, have a child, or tour the world, it is life-changing. That is Liberal bullcrap. I would like to tour the world in my retirement, but I do not see the President saying here’s $20K for you, Ray, compliments of your neighbors. Credit card rates are over 30%, which used to be the rate the Mob charged. I don’t see the President going after those rates, but is attacking the $10 late fee, like that makes a difference. There is no legitimate reason. There is only Progressive spin and their hope that the votes get harvested before the Supreme Court shuts down this farce.

Content syndicated from Conservative View from New Hampshire with permission

Agree/Disagree with the author(s)? Let them know in the comments below and be heard by 10’s of thousands of CDN readers each day!

Support Conservative Daily News with a small donation via Paypal or credit card that will go towards supporting the news and commentary you've come to appreciate.

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.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Check Also
Back to top button