Biden Leaves His Voters Hanging
Written by Peter Boykin on December 16, 2021
Biden Leaves His Voters Hanging
Young, Democrat voters are PISSED at Joe Biden.
Joe Biden’s multi-trillion dollar ‘Build Back Better’ bill hands out money to all of his constituent groups: the socialists, the climate crazies, the swamp. But one group he’s left out is the young, recent college graduates with tens, sometimes hundreds, of thousands of dollars in student loan debt.
Back up: While on the campaign trail Biden promised voters:
“I’m gonna eliminate a lot of your student debt… I’m gonna make sure everybody in this generation gets 10k knocked off of their student debt.”
That was a lie: Biden’s spending bill does not allocate a single penny for student debt forgiveness or cancellation.
Adding insult to injury: The Biden administration announced that it would be ending the pause in student loan payments put in place under President Trump to help borrowers get through the pandemic. Press Secretary Jen Psaki told reporters it was time for “a smooth transition back into repayment.”
Where is money being spent? While Biden didn’t allocate money for student loans, he did manage to sneak in a lot of money for the millionaires in the Democrat party that give him big donations.
Here’s how:
$12,500 tax credits for people who buy electric cars. So the wealthy yoga moms will get a nice tax rebate on their new Tesla. [No offense to the wealthy yoga moms]
About $250 billion dollars will go towards re-implementing a tax cut that benefits two-third of millionaires – the SALT deduction, which allows taxpayers to deduct the state and local taxes they pay from their federal taxes. While president, Trump eliminated this tax deduction.
Biden voters are angry: Young people across social media are lashing out against Biden.
Just briefly, here are some responses we have seen:
“Lying for votes! What’s new.”
“He hasn’t kept not one promise.”
“Go figure. Don’t worry, we won’t extend your Presidency next term either.”
For the record: I’m not advocating for student loan forgiveness. I, like millions of millennials, took on tens of thousands in student loans to go to college. Yes, it sucked. At 18, you don’t fully understand what you’re getting yourself into. But that doesn’t make it the taxpayer’s responsibility to alleviate your debt.
This should be a lesson to young voters: If it sounds too good to be true, it probably is.
[Source: Forbes]
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