By Josh Hammer ~
That debt will merely be transferred to the less profligate, and to those who made more economically sensible decisions.
President Joe Biden’s new plan to “cancel” up to $10,000 in student loan debt for those making less than $125,000 annually is at once a dereliction of constitutional duty, a crass political gambit in the lead-up to a contested midterm election and a morally perverse value judgment that lavishes The Regime’s insular, well-heeled voting base at the expense of the median middle-class American. It is, to borrow a term in vogue in Democratic Party circles these days, a truly “deplorable” act.
Interestingly, however, it is also an act that comes with some key lessons for Republicans. If there is to be any silver lining from this grotesque and imperious act, Republicans must learn those lessons — and act upon them.
The first lesson to learn is that…
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