Tag: debt cancellation

COVID Invoked for More Redistribution From Workers to Doctors and Lawyers

August 26, 2022
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Commentary And it’s gone! We are referring to the $300 billion of taxpayer funds that will go down the tubes at the stroke of Joe Biden’s pen upon his impending cancellation of $10,000 of student debt. And in the case of married couples, that covers households with incomes up to $250,000! The legal claim to…

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Taxpayers on the Hook for Ruling-Class Debts

August 25, 2022
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Commentary Remember the transitional and temporary inflation that was supposed to come and go? We are now getting warnings from high up that this is the new normal. It’s a pattern with which we’ve become very familiar. Two weeks of lockdown became two years. One-hundred days of masking turned into a full year, and the…

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Student Debt Cancellation Isn’t About Economics—It’s About Ideology

April 27, 2022
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Commentary Is there more behind President Joe Biden’s decision to extend the student debt moratorium than votes in November? Yes, of course. Biden’s extension of the moratorium on student debt repayments is a thinly veiled ploy to win Democratic favor with young voters in the lead-up to November’s midterms. The president’s approval rating with voters…

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