Well, looks like we have a pretty good idea of about how much a vote costs these days – about $10K.
In a very thinly veiled attempt to buy votes for the Novermber election, the Biden administration just put the burden of ill-advised student loans on taxpayers instead of the people who actually were supposed to be the guarantors of the loan.
You don’t have to be a financial guru to know that someone (well, most all taxpayers) are getting the shaft, yet again, from bad politics in the name of winning favor with a generation of people who know little about commitment and consequences.
This is a play for the Progressives in the Democratic party that keep yelling that there is a class war going on and that the poor of the country are losing it. Obviously this isn’t true, but it fits with the Progressive message about destroying Capitalism and a market economy and instead favor a socialist agenda which would eventually lead to a socialist (eh, communist) government. This, of course, fits into the message that all these ill-advised, college loan accepting, 20 and 30 somethings who were indoctrinated into leftist thinking by the colleges they attended. The colleges that likely pressured them in the first place to take the loans to get or continue an education.
It’s a perfect coup for the left.
Combine the $10k ($20k in some cases) forgiveness with the argument that abortions should be free and available at all moments, on a whim, and you can see where the messaging for the November elections are going. “Look, we are fighting for your abortions and forgave a portion of your college loans. Your vote should obviously be cast for us…”
Election tampering? It very well might be.