President Biden’s SAVE College Debt Repayment Plan Puts the Motivations in the Wrong Places

Source: Ludwig Von Mises Institute
Published: Aug 23, 2023
Author: Dave Arnott
Post Date: 2023-08-23 18:46:18 by Charles_Byrd
Views: 174

Imagine fathers at the little league baseball fence. The first brags, “My son is batting 200!” You should be thinking, “That’s not very good.” The second intones, “Oh yea, well my son is batting 175!” “Hold it,” you’re thinking, “this is going backwards.” And your suspicions are confirmed when the third yells out, even louder, “Here comes my son, batting 150!”

As all three dads high-five each other, you look at the name on the uniforms and it reads “Bidenomics.” You think - like Alice - you’ve fallen down a rabbit hole into Wonderland, but soon you realize, this is the economic world the progressives intended. Losers are applauded, the winners chided, and covetousness is the over-arching narrative.

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