Sen. Elizabeth Warren: "Now we're just ready for President Biden to sign the piece of paper to say cancel $50,000 worth of student loan debt." pic.twitter.com/XHOfhbyJbp— The Hill (@thehill) March 29, 2021
"Student Debt Relief" creates the same problem as "Amnesty for Immigrants", "Raising the Debt Ceiling", and "Increasing the Minimum Wage" in so far as it alleviates the pressure of a chronic problem in the system while also creating a recurring crisis point that politicians fight over solving.
It's a clever way to transmute a long-term problem into a periodic infusion of short-term political capital. But it's also a fucking nightmarish way to govern, as everyone is left in the lurch dependent on the whims of the current political leadership.
As it happens, the current political leader is the same brand of calcified asshole as the last one and the one before and the one before that. So the pressure for systemic change continues to build, absent even short term relief.
"Student Debt Relief" creates the same problem as "Amnesty for Immigrants", "Raising the Debt Ceiling", and "Increasing the Minimum Wage" in so far as it alleviates the pressure of a chronic problem in the system while also creating a recurring crisis point that politicians fight over solving.
It's a clever way to transmute a long-term problem into a periodic infusion of short-term political capital. But it's also a fucking nightmarish way to govern, as everyone is left in the lurch dependent on the whims of the current political leadership.
As it happens, the current political leader is the same brand of calcified asshole as the last one and the one before and the one before that. So the pressure for systemic change continues to build, absent even short term relief.
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