If you weren’t already infuriated by Joe Biden’s exploitation of the federal student loan program as a means of buying votes and redistributing wealth, this should do the trick.
On Wednesday, Minneapolis Mayor Melvin Carter — who earns makes takes $140,814 a year before benefits — rushed to Twitter to thank President Biden for erasing his remaining student debt, sharing a screen shot showing his outstanding balance had turned to zero.
Thank you, Mr. President! https://t.co/SjaNekU3ra pic.twitter.com/mQeqm2nt9X
— Melvin Carter (@melvincarter3) May 30, 2024
The latest drip in the fiscal Chinese water torture that’s being inflicted on responsible, productive Americans came earlier that day, with Biden announcing he was cancelling another $7.7 billion of debt. With that, the total such debt wiped away by his administration has reached $167 billion.
After emphasizing that the average beneficiary of Biden’s self-serving abuse of taxpayers has had $35,000 in debt forgiven, White House Press Secretary Karine Jean-Pierre fielded a challenging question from, of all sources, NBC News. Correspondent Peter Alexander asked, “Why don’t those individuals who didn’t receive $35,000 in debt cancellation deserve a $35,000 check from other Americans for what other means they would want to use it?”
Jean-Pierre’s struggle to rationalize the debt-forgiveness fiesta resulted in a comical, leftist word-salad:
Karine Jean-Pierre gets a difficult question about student loans.
“Why don’t those individuals who didn’t receive $35,000 in debt cancellation deserve a $35,000 check from other Americans for whatever means they would want to use it?”
Listen to her attempt a reply 😂 pic.twitter.com/7snGH5PhjY
— Julia 🇺🇸 (@Jules31415) May 22, 2024
Most notably, Jean-Pierre said, “We’re talking about folks who are in debt who are literally being crushed.” We doubt that characterization applies to Mayor Carter, who’s pulling in $141K by himself in a two-income household — not counting a city-taxpayer-furnished car, cell phone, pension and deferred compensation.
If he was being “literally” crushed, it’s safe to say it’s because he and his OB/GYN nurse wife made a series of poor financial decisions. Either way, he doesn’t deserve to have his net worth elevated by distributing the cost to other members of society — including future ones. And neither does anyone else.
In early April, Biden announced a five-pronged proposal for even more student debt forgiveness. A UPenn-Wharton analysis pegged the cost at $84 billion, and noted that the proposal would “relieve some longer-term student debt for about 750,000 households making over $312,000 in average household income.”
We’re guessing Team Biden might have mixed feelings about Mayor Melvin’s tin-eared, highly-public thank you. It’s not playing well in Peoria…
I’m so happy I didn’t go to school and learned a trade because I was realistic about my financial situation and didn’t want to take on loans. I was responsible and don’t get any help. Unbelievable
— P4Pheadshot (@PFPheadshot1) May 31, 2024
Don’t thank him.
Thank the American taxpayer who now gets saddled with YOUR debt.
— YuriActual 🏴☠️GOLDCORP Logistics 🏴☠️ (@Yuri6Actual) June 1, 2024
This is called stealing from responsible to give to the irresponsible. Socialism.
— Don Skelly ✝︎ 🇺🇸 (@DonSkelly10) May 30, 2024
Nothing like some good old bribery during an election year.
— Atom (@Autolock) May 30, 2024
Impeachable offenses. Buying votes – increasing inflation- shifting debt to responsible Americans who work hard and take accountability for their actions.
— Sam (@SRA338) May 30, 2024
A politician without shame. Seems on-brand.
— Andrew (@andrewfibonacci) June 1, 2024
So much for the rich paying their fair share.
— AdamInHTownTX (Not a Neurologist) (@AdamInHTownTX) June 2, 2024
Pay your own bills, freeloader
— Tim in VA (@MrNOVApolitico) June 1, 2024
You should be embarrassed the US Government has transferred your voluntary loans to the national debt. Nothing has been forgiven, just transferred to the rest of us who actually pay taxes.
— Jeff Wright (@1991Wolfpack) June 2, 2024
Tyler Durden
Sun, 06/02/2024 – 16:55
