Bernie Sanders' student loan scheme - temptation is great for kids but plan is just a bribe
The French writer, theorist, and social commentator Alexis de Tocqueville said of America after visiting in the 19th Century “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Well, Sen. Bernie Sanders, I-Vt., a member of our bicameral Congress, harkened the end of the days Monday with his promise of student loan forgiveness and free university education.
Sen. Sanders (perhaps we should call him Sen. Spenders), stood outside the Capitol in Washington, proudly accompanied by House members Rep. Ilhan Omar D-Minn., and Rep. Pramila Jayapal, D-Wash., and let America know that if he is elected president he intends to forgive the $1.6 trillion in student loan debt currently outstanding and to also make all public universities and community colleges tuition free.
How to pay for this astoundingly expensive proposition? No worries. The senator said he will simply tax Wall Street. Problem solved. After all, nobody likes those guys so why not just take away a few their profits and use them to bribe the American electorate?