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Such a bad idea. It’s a relief program for the well off at best…in one of the best employment environments in history…after having given a nearly 3 year window of no interest and no payments.
How we can’t see the whirlwind this will reap is beyond me. Nobody will move to pay off federal student debt in the future.
The most unfortunate theme around this is that it’s somehow costless…an accounting entry by the government that doesn’t actually impact taxpayers. This, after the same side of the political aisle used student loan revenues as an offset to Obamacare costs just over a dozen years ago. This line of thinking will be the end of the republic.
For me, the silent group that should be shamed the most in this is the academic establishment that has pillaged the government for its own edification. I think the right thing to do would be to establish a luxury tax on colleges that raise tuition above the long term inflation rate. That would go farther to fix things than a forgiveness program that goes on while the government is still making the same loans.
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Sic transit gloria mundi (so shut up and get back to work)Jay Powell has proven he will blow with the winds. His hawkish comments are not worth much though the market seems to believe.
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Sic transit gloria mundi (so shut up and get back to work)How stupid do they think we are, indeed. Fuel prices go through the roof, and then as they lower we get a “tax cut.”
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Sic transit gloria mundi (so shut up and get back to work)Joe has the press behind him. The spin has turned to Joe “getting things done” and the pols touting the benefits of solar panel discounts and electric vehicle subsidies to a workforce that is getting slammed with inflation and the specter of a recession.
I’m getting older and have never noticed the cynicism of modern politics like I notice it now. All is theater for the election. “Inflation Reduction Act” is quite possibly the most cynical legislation name of all time.
Still, the wsj reports that beef prices are falling, and we know that fuel prices have eased somewhat. When 8+% inflation is somehow good news we know the press is in the bag for the Big Guy.
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Sic transit gloria mundi (so shut up and get back to work)The board oddity isn’t too surprising. The word “catholic” has both proper noun and common / non-proper noun usage.
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Sic transit gloria mundi (so shut up and get back to work)I was surprised to see reference to cali being wildly successful here. Pretty much nobody wants to move to california for the policies. They all want the weather and natural beauty.
Any governor of california has the wind at their back. I think Gavin has wildly underperformed as a leader. He is a savvy politician but look who he is related to.
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Sic transit gloria mundi (so shut up and get back to work)I don’t understand why the Dems and Biden have to resort to mendacity. What they should be saying is “recession? Possibly, but remember we need modest cooling of the economy to do the right thing by the working class and kill this inflation…if the republicans want to make hay about a gdp recession while job growth continues, we will take that all day and just point to their rank cynicism in putting single metrics ahead of the working class.”
it isn’t hard. Instead they literally try to redefine generally understood terms.
I have no opinion on AOC for president any more than I do on MTG for president. They both serve their political purposes.
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Sic transit gloria mundi (so shut up and get back to work)Trust in media has fallen because “media” has gone from presenting topics that captured people’s interest for a few minutes at a time to driving “narratives” that exploit well-researched cognitive and biological ticks in the human mind to absolutely derail and capture the human psyche.
In other words, news media plays on prejudice and bias to capture eyeballs in perpetuity. It used to be people got their fill and went outside. Now people are captives to the narrative.
This is, of course, worse in some media than others.
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Sic transit gloria mundi (so shut up and get back to work)I hadn’t studied this closely but I sure hope we can send them billions in aid and maybe some oil from our strategic reserves.
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Sic transit gloria mundi (so shut up and get back to work)I remember gas prices being lower at the end of Obama than at the beginning.
Wonder what changed?
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Sic transit gloria mundi (so shut up and get back to work)The actual decision is much ado about nothing. It not only doesn’t impact about 43 states, it also just impacts people trying to obtain permits through thorough legal means. Concealed handgun permit owners are very rarely criminals.
The hyperbole around it is ridiculous.
Now, the framework updates for considering gun cases (the change to the “two part test”) might be very substantial, and that likely deserves some scrutiny.
overall the court played its role: it upheld an enumerated right even if ever so slightly (imagine if you had to be fingerprinted to post about the government on Twitter or to attend a religious service).
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Sic transit gloria mundi (so shut up and get back to work)I, too, like the court better when it plays the umpire role and not as a player on the field. Let the states decide.
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Sic transit gloria mundi (so shut up and get back to work)So RAs are supposed to report underage drinking? Wow. I hadn’t heard that. Kinda makes the role a little less intimate I suspect.
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Sic transit gloria mundi (so shut up and get back to work)Good article.
The author is young, and it shows. This has been a prevailing current on campus since what? The 70’s?
The sanitizing of community life into spiritless “identities” is part and parcel of the authoritarian existence. It used to be “man, I can’t stand those clowns in EBF but I might drop by their party.” Now it’s “I hope those clowns lose their house like we did.”
We’re just so much more of a loser culture. And don’t lecture me on how special Stanford students used to be vs now. Stanford students were interesting and fun because Stanford was interesting and fun. Now, I get the sense that it’s all management by the numbers and legal guidelines. What fun is that? Students are robots being groomed to find the next tech monopoly to exploit and donate funds back to the university.
Never thought I would say it, because I had an absolutely amazing time there, but I’m growing tired of Stanford.
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Sic transit gloria mundi (so shut up and get back to work)I’m of two minds on red flag laws. First mind is that the deprive of due process, etc etc etc. They give a busybody the ability to basically ruin a person’s life for merely being weird. “I’m red flagging that guy for having an NRA hat on and getting angry at the cashier.”
Second mind is that some level of red flag exists in real communities. Making threats should lead to an investigation. I’m willing to listen to how you might bulletproof the process.
On juvenile crime records, they should absolutely be in NICS. It’s absurd that you get to be a delinquent up to 18 and the next day have no record.
I also believe that background checks a la NICS ought to be cheap and easy. Just have a website that you enter last name and Ssn on and it gives you a green dot or red dot. That would get rid of a lot of the Gun show loophole discussions.
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Sic transit gloria mundi (so shut up and get back to work)
