Thanks to the radical left-wing policies of Barack Obama, America’s economy is in rough shape. One more bailout could permanently wreck our economy for decades to come, and Democrats seem intent on making it happen.
The rising cost of college and inflating college debt burden nationally has allowed for liberals to politicize the issue, without realizing that they’re responsible for skyrocketing costs. As was noted on Unbiased America, tuition didn’t begin to skyrocket until the government got involved in the student loan business – offering subsidized loans of their own, and handing out grants.
Obama thought he could solve this. A headline from 2013 in the New York Times read “Obama’s Plan Aims to Lower Cost of College.” His plan did just as good a job of accomplishing that as his healthcare plan did in controlling healthcare costs (hint: not at all). In fact, student loan debt has soared nearly 500% under Obama’s watch.
Since President Barack Obama took office in 2009, the amount of outstanding federal student loan debt owed to the government has skyrocketed, increasing by 463 percent. The balance owed currently stands at $674,580,000,000.00 compared to $119,803,000,000.00, where it stood in January 2009, according to the Financial Management Service’s latest monthly treasury statement.
H/T: CNS News
But that’s not the worst part. For years now, left-wingers like Hillary Clinton and socialists like Bernie Sanders and Elizabeth Warren have been plotting to make taxpayers – you and me – bail out all out this debt. And the figure is a whopping $1 trillion.
The calls have already begun in our biggest media outlets:
If Hillary Clinton is to win this November, she needs to motivate the electorate to come out to vote for something more than a justified aversion to Donald Trump.
First, all outstanding student loan debt should be forgiven. Second, a new loan program should be created that is tied to incentives for college graduates to choose careers in public service and which indexes repayment to income.
A bailout of this magnitude would be an absolute disaster for our economy – not to mention our personal well-being. And with left-wing kooks demanding that the federal government confiscate our 401ks and retirement plans, we could be in big, big trouble if Hillary wins.
Barack Obama has broken our legs, and Hillary Clinton wants to pick us up and ask us what we’d ever do without the help of the Democrat Party.
Hillary Clinton has advertised her potential Presidency as a continuation of the Obama years – and that should be reason enough to vote in Trump this November. Get the word out – share this post on Facebook and Twitter.
