This “redistribution of wealth” thing is trickier than I thought. But ... as they like to say ... we’ll get it right next time!
Well, there is always ROTC...!
So they’re torqued because when they pay back a loan over 20 years there’s interest, and you spend more than if you had not taken out the loan? Is that what this is about?
But the "working class" families barely pay any income taxes anyway. The bottom 50% in the country pay about 3% of the income taxes. If anything, this is wealth redistribution from the upper and upper middle class back to themselves.
The biggest way the rich steal from the poor and middle class is by importing vast numbers of illegal immigrants to depress wages.
The dirty secret of student loans is that just like in housing, easy and low cost money helps to boost prices. In this case “prices” are the tuition and fees that colleges can levy knowing that the student doesn’t have to pay right away, but Uncle Sam does.
Agitating for easier student loans, with lower rates of interest and higher credit limits is just another way of agitating for a higher subsidy by the federal government.
The folks who work this system are horribly cynical and they get to enjoy it coming from many directions. They appear to only want to be helping poor students. They get more money. They get to lay the burden of repaying on both the future graduates (or dropouts, who cares about them?), or the taxpayers. And they get to beat up Bush if he even hints he will spill the beans about this scam. Best of all, they don’t have to contain costs, let alone increase productivity.
What a gravy train!
“If populists like John Edwards and Pat Buchanan gave a Tinker’s D—n about the poor working people in America, they would condemn our government’s student loan programs from on high. “
Their ‘populism’ continues to ring hollow. the one thing both have in common is they ‘know’ they are smarter than everybody else, they are absolutely convinced of it.
Which is why neither will ever gain enough support from ‘we the people’ to win a national election cycle.
Buchanan’s highwater mark was in 1992, he’s lost support since then as we can see in each successive election cycle.
Edwards was so lame he knew better than to run for reelection in his home state for Senator.
why post this socialist drivel on Freerpublic? This is more DU’s style
What's wrong with authors and editors these days? Can't we expect that someone, somewhere, is familiar with figures of speech?
It's a tinkers dam, a temporary dam used to contain molted metal that is destroyed right after use, hence of little value.
About time that these people learn to tow the line /sarc.
“In fact, almost 1/3 of the students whose parents earn six-figure salaries enjoy the benefits of financial aid. Weren’t those dollars intended for the other America?”
Aren’t most college students 18 years or older? What the heck does the income of their parents have to do with financial aid? Last time I checked, 18-year-olds were adults.
The expression is a "tinker's dam"; it has nothing to do with cussing.
'A Tinker's Dam' is not a swear word. It's a euphemism to avoid swearing.
I wouldn't trust anyone on their political opinions when they misuse a common phrase: I don't give a g-sh d-rn what they say after something that d-mb....