Posted on 08/28/2022 4:11:30 PM PDT by Libloather
Former senior White House adviser Cedric Richmond on Sunday dismissed criticism that the Biden administration’s move to cancel some student loan debt is unfair, saying that “everything doesn’t benefit everybody” reiterating that the plan will help the country’s working class.
“Remember, everything doesn’t benefit everybody, but it’s about the common good, and this president is focused on working families and empowering people to reach their full potential, and I think that this does exactly what he’s trying to do,” Richmond said on “Fox News Sunday.”
The Biden administration announced last week it’s forgiving up to $10,000 in federal student loan debt for Americans earning less than $125,000 a year and up to $20,000 in federal student loan debt for Pell Grant recipients. It also extended a pandemic-era freeze on federal student loan repayment and interest accrual until Dec. 31 for what it said was the final time.
Richmond served in the Biden administration as director of the Office of Public Engagement and is now an adviser to the Democratic National Committee.
“This country is not a zero-sum game where somebody has to fail for others to succeed, and so we have historic tax credits, we have business tax credits to help those who own businesses, and not everyone in America owns a business, but we help business owners because we want to promote it,” Richmond said Sunday.
“We’re not picking winners and losers. America is a country about the common good, and what we’re doing here is making sure that we invest in all of America, and right now we are investing in working families.”
The former Louisiana congressman rejected a suggestion by anchor Jennifer Griffin that the plan is an “election gimmick” by Biden ahead of this year’s midterms.
(Excerpt) Read more at msn.com ...
Don’t ever believe anyone named Cedric ... a limey provocateur.
“America is a country about the common good, and what we’re doing here is making sure that we invest in all of America”
No. If they wanted to do something for the common good they would cut taxes.
“Common good” seems to imply that everybody benefits.
This plan was fine tuned by consultants via extensive polling to see what would maximize November results.
We’ll see if they were correct.
If so, you’ll see another handout in 24 months.
In other words…socialism.
This bastards can literally spit in the American’s faces AND STILL be re-elected....incredible!!! This saddens and angers me to no end!!
Piss off, Cedric.
“The Common Good”
That’s not in the Constitution. The FedMob has no authority to implement anything on the basis of “the Common Good.”
Take your Marxism and shove it, Joetato.
You and the toadies who are propping up your near dead brain.
These arrogant bastards don’t care what we think. In their minds, we’re not entitled to have opinions.
I am hearing that Ms Yellen did NOT want Biden to come up with this Loan Cancellation plan. Who did want him to do it?
Vice President Kamala Harris. She put the bee in his bonnet.
How emptyheaded must a sitting president be to ignore the recommendation of his Secretary of Treasury and pounce onto
the latest mumblings of (Word Salad Chef Extraordinarire)
Kammy?
The Preamble to the Constitution explicitly says that every law should be created with everybody in mind.
How is putting others in debt for the debt others created, for the common good?
Democrats were polling about as favorably as monkeypox.
This loan forgiveness is blatant vote-buying.
The amount was determined by consultants from extensive polling.
“How much can we give away without losing more votes than we gain?”
but it’s about the
communist
good,
.
everything doesn’t benefit everybody,
but it’s about the common good
/\
Then it’s not common , if it’s not everybody.
is it ?,
ya illiterate moron !
.
This example of debt forgiveness does not benefit the common good, but only the very small numbers of people with student debt. (small numbers when compared with the general population)
Where is my debt forgiveness? Shouldn’t home owners have their debt forgiven?
Everything they do is pandering to one demographic or another.
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