Friday, August 26, 2022

And the real number is ----- ?





"Stay tuned on this one. It is far from over. If the Republicans take the House in November, my feeling is the funding for this will vanish. If the Republicans do not take the House nor the Senate, we might as will board up the windows and get ready for the fire sale."   


Well the shock waves are still reverberating from the bombshell which went off in Washington earlier this week. What bombshell? A terror attack? Not quite. Biden's unbelievable idea of forgiving some of the nation's student loan debt. Besides being patently unfair, it is grossly unaffordable. And it is not even close to being paid for (sorry Slo Joe - that was a campaign promise of yours). So then, how much is this going to cost us? That depends.

If you ask the Secretary of Education (the man who should know this backwards, forwards, and inside out), you will get a blank stare or a qualified "I have no idea". Hold on - when Slo Joe announced this earlier in the week, he told us $300B. Is that not the right number? Unknown answer. I have mentioned this before. The most ironic thing about the $300B number is this - it is the exact amount the IRA boondoggle was suppose to cut from the national debt. Now we are replacing that "cut" with more unbalanced spending.

This morning on the news, it was reported that the Committee for a Responsible Federal Budget (whatever that is), is disputing the $300B number. According to their estimation, the number will be somewhere between $440B and $600B. But who is counting? Ever since the pandemic, money has become like Monopoly money. Only it is all green instead of different colors.

The clamoring from the masses is only just beginning. Who is happy about this boneheaded move? Students who majored in Gender Studies from private colleges. Other than them, many of the folk who have either paid off their loans, or those who went to trade schools, or those who could not afford to go to college - hate it. It is beyond unfair. Once again Obama, I mean Biden, has managed to slice and dice us. Divide us. Well played Joe, the man who pledged to bring us all together.

What Democrats will do to stay in power has no boundaries. None. If not letting over 2 million illegals over the southern border (plus millions of fentanyl pills), it is pandering to the minions who could never find a job in Gender Studies or Art History. Meanwhile, the rest of us are just bending over, and taking it. 

Some might ask why Biden is not focusing on the economy. Good question. The economy is after all, still on fire. But guess what? According to today's Drudge report, "Aviator Joe" now has a favorability rating of 44%. WHAT??? The worse things get, the higher his popularity gets? What is wrong with this country? We can't have that many clueless people living here.

Stay tuned on this one. It is far from over. If the Republicans take the House in November, my feeling is the funding for this will vanish. If the Republicans do not take the House nor the Senate, we might as will board up the windows and get ready for the fire sale.   

1 comment:

  1. "What Democrats will do to stay in power has no boundaries."

    Then perhaps the GOP should prepare to push the envelope regarding acceptable means of thwarting them. And maybe We the People should do the same in case Republicans fail!

    ReplyDelete