NEW HAMPSHIRE’S FASTEST GROWING ONLINE NEWSPAPER

Not doing well in the polls, Joe? Let's see what a little giveaway will do

Comment Print
Related Articles

Not only is Joe Biden's gambit to forgive student debt against the law, it tears at the very moral fabric of our society and reeks of political expediency less than three months from the midterms.
Maine Gov. Janet Mills is campaigning for governor right now and every commercial out there talks of her largesse in giving out $850 check to most Mainers from the state's ARPA funds.
Biden is doing the same thing, trying to corral young folks in the political middle into voting for Democrats in November by giving out free stuff.
But what he's really doing is buying those votes with your money, because you'll have to end up paying the freight in the way of higher taxes, more inflation and a deteriorating standard of living.
There are already several lawsuits planned against the fraudulent use of taxpayer dollars to cancel the student debt as Biden plans.
His plan makes no sense and cannot be justified. It would make hard-working blue-collar workers pay off the loan debt, while their white-collar, college-grad counterparts earn more money and get their student loans paid off for free.
The Heroes Act Biden is using for loan forgiveness allows a president sweeping power to alter debt during a national emergency such as the recent pandemic.
But it doesn't take a college grad to figure that fancy shmancy colleges with their tenured professors and hefty salaries are what's driving college debt through the roof, not the pandemic.
College costs have been escalating far more steeply than the cost of living for decades.
But even worse than the fiscal irresponsibility this action would foist on us is the moral decay.
It throws out moral and ethical morays like "live within your means" and a "penny saved is a penny earned" and replaces them with "get away with what ever you can get away with" and "what can I get for doing nothing."
Repaying loans is a pillar of our capitalistic society. So why is the Commander in Chief trying to destroy our society? Good question.

Read more from:
opinion
Tags: 
None
Share: 
Comment Print
Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: