As we reported Tuesday, President Biden will be unilaterally implementing a student loan forgiveness plan that “will include at least $10,000 in loan forgiveness for borrowers who make less than $125,000 annually, as well as another payment freeze for roughly four months.”
In addition to being unquestionably illegal considering he does not have the power to do this, as my RedState colleague Bonchie explained here, the plan is a slap in the face to the millions of hardworking Americans who not only sacrificed and saved to pay off their own student loan debts but who will also now have to pay down the debts of others who didn’t.
Strangely, the consensus from leftists seems to be that forcing Americans already struggling to survive in the midst of staggering Bidenflation to pay off the self-incurred debts of others is a “winning” issue for them and will drive voters to the polls in droves in November to support Democrats.
In my opinion, the left couldn’t be more wrong about that. But just in case there’s even the remotest sliver of truth in their thinking on this, Republicans should make sure they incorporate the following clip from January 2020 into the ads they run from now until Election Day 2022 as a reminder of what Democrats are actually proposing.
The scene was Grimes, Iowa, on January 20, 2020, just a few days before the Iowa caucuses. Then-Democratic (socialist) presidential candidate Sen. Elizabeth Warren (D-Mass.), long a proponent of taxpayers footing the bill on student loans, was confronted by an angry father who told it like it was on how he had saved his money to pay off his daughter’s college education by working double shifts, while a friend of his lived the high life and (presumably) could not pay off his student loan debts:
“I just wanted to ask one question. My daughter is getting out of school. I’ve saved all my money. She doesn’t have any student loans. Am I going to get my money back?” the father asked Warren in a photo line after a presidential campaign town hall in Grimes, Iowa, on Monday.
“Of course not,” Warren answered, without hesitation.
“So you’re going to pay for people who didn’t save any money and those of us who did the right thing get screwed?” the father pressed.
[…]
“My buddy had fun, bought a car, and went on all the vacations, I saved my money. He makes more than I did. I worked a double shift,” the father continued.
“You’re laughing at me,” the man said, which Warren denied. “Yeah, that’s exactly what you’re doing. We did the right thing and we get screwed,” he can be heard telling Warren.
Warren thanked him for his time and they both then moved on. Watch:
As that clip demonstrated, and as recent comments from other Democrats on this issue confirm, they just don’t get it.
Taking chunks of money from hard-working Americans, especially at a time when their money doesn’t go as far as it used to be able to thanks to shrinkflation, and putting it towards paying off student loans that people voluntarily signed up for is not going to go over well with most folks.
Whatever – if any – electoral “momentum” Democrats may have gotten from the SCOTUS’ June decision on Dobbs will be neutered by Biden’s actions on student loans. Bank on it.
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