We are running out of money? The government may shut down again? And you blame the Republicans? Of course you have to blame it on someone. Again, what is the relevance here? An attempt to correlate the amount of money the federal government commits to subsidized student loans and the rising cost of tuition with an increase in tax revenues is not only a flawed exercise, it solves absolutely nothing. Still, I’m sure it sounded great to a majority of the low-information students. [Translation: They had no idea what he was talking about. But then again, neither did he.] What IS relevant, is that his comment – “at some point the government will run out of money” – is correct. Sort of. If we could just get Barack Obama to replace “will” with “did” – maybe he and his fellow Democrats would finally come to the realization that, like the college kids to whom he’s speaking, there comes a time when you can’t spend more than you’re taking in. For Obama and the federal government, that time is in the rear-view mirror. Incidentally, is it just me – or does Obama sometimes sound like he’s making it up as he goes?
Posted on: Thu, 12 Sep 2013 19:14:45 +0000
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