Posted on 04/12/2024 6:09:31 AM PDT by ChicagoConservative27
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers” with the student loan plan he announced earlier in the week.
Boushey said, “[T]he President has been focused on using all the tools that he has at his disposal to make sure that he lowers costs for families. So, this is the first President to be negotiating with Big Pharma over prescription drug prices. That’s going to lower prices for seniors all across the country. Of course, he’s lowering the cost of student debt for all of those borrowers. He made a big announcement earlier this week, and it’s going to affect 30 million borrowers across the country. And he’s just really focused on all the other ways that we see prices increase. For example, all the work that we’ve done across the administration to get rid of junk fees, those hidden fees that we all have to deal with. So, it’s adding up these, the President is doing his part to really address the fact that it’s been hard on families to have these high prices, and to do what he can to lower them.”
(Excerpt) Read more at breitbart.com ...
It's easy. They are IGNORAMUSES......................
Grievances because of healthcare, food, and other costs will continue, so Dem and Rep politicians will continue pumping money out and adjusting taxes. The deficit and debt will continue higher while the future is taken away for all. Without massive cuts to government spending there is no way to slow down the spiral of inflation and debt.
So you lower prices by printing more money???
Newspeak: Re-distribution of wealth is now called “loan forgiveness”.
It is not a valid function of government to confiscate one person’s money and give it to another person.
White House Council of Economic Advisers member Heather Boushey stated that President Joe Biden is fighting inflation and its impact by “lowering the cost of student debt for all of those borrowers” with the student loan plan he announced earlier in the week.
JUST LIKE THE INFLATION REDUCTION ACT!!!
It’s ‘logical’...
Spending money we don’t have, and spending it like it’s never gonna end... creates inflation...
so, to combat that inflation...
we just have to ...
keep on spending money we don’t have, and spending it like it’s never gonna end...
After all, it’s been proven that, doing the same thing over and over again, is not insanity.
???That No sense..! But, what else could we expect from Slow Joe's menstruation...
It is not a valid function of government to confiscate one person’s money and give it to another person.
_____________________________________________________
Virtually no one will support this notion today. The debate over what circumstances (and how much) one is to transfer wealth is where we are at. It’s more complicated (and at times frustrating), but we’ll never exist in a world without tax-and-transfer (or print-and-transfer).
After all of the 30 million Hispanic male “tuition” (a/k/a Ford F-150) borrowers get a free ride, guess what the interest rate’s going to be when any of us might need to take out a loan. This is not made-up. Just how do you think all of these macho dudes from South America with gym memberships financed their Chevy’s. Yeah by going to skool. Stupid f’n Americans.
More like the "0'Biden CONcil of E-Communist Insiders"
There, Fixed it.
I’ll help....Please Brandon...pay off my mortgage
The PR Princess, Sandy AOC, said Biden was “forgiving” the student loans to give the students’ “hope” to be able to travel through “Europe”. Sounds like he is fighting Europe’s inflation to me.
The democrats are a backward party
Wait that’s Nancy’s line ,LOL
Absolutely shameless—and convinced of America’s stupidity.
Biden will probably announce he is printing money to help inflation.
“So, this is the first President to be negotiating with Big Pharma over prescription drug prices.”
Wasn’t one of the first things that Biden did was to reverse Trump’s policy that lowered prices of Epi pens and insulin?
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