The Joke’s on the Welchers

Joe Biden is making a move consistent with time-honored Democrat party electoral politics.  When they can’t win the contest of ideas — like socialism vs. capitalism, or tyranny vs. freedom — just buy the votes.  Preferably, do it with other people’s money — they wouldn’t want to drain their campaign coffers, you know.

President Asterisk has decided to provide $10K of student loan relief to all of the welchers who took out a loan for their liberal arts college diploma and don’t want to pay it back.  In the process, he’s decided it’s okay to tick off everyone who

• paid off his own student loan,
• worked his way through college (while the welchers were partying),
• put his children through college, or
• decided that learning a trade was better than getting a degree in intersectional victimhood.

In other words, old Joe is giving the middle finger to all of the hardworking, responsible Americans who are the backbone of our economy.  What could go wrong?  Surely, asking a trucker or plumber to pay for the gender studies Ph.D. of the barista serving them their morning coffee won’t have any unintended consequences.  Will it?

The Dems are calling it a $330-billion investment.  To them, any money given away is an investment in making everyone wards of the state.  Besides, what’s the big deal?  It’s only $330B.  That’s chump change by this Congress’s standards.

But the narrative is running into a bit of a snag. According to the University of Pennsylvania Wharton Budget Model, the Democrat party estimate of the cost is way off.  The model predicts that the actual cost will be at least $600B and may be as high as $1 trillion.  That’s a trillion bucks, of our money, spent in one year, with no political debate — just one demented fool deciding to make it so.  And yet the propagandists will declare that this vote-buying scheme is democracy at work and somehow good for the economy.

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