Elizabeth Warren is blunt and to the point when it comes to her college debt plan: if you saved money to send your kids to college, you’re out of luck. No really, if you’re financially responsible and started to save for your kids’ education as soon as they were born, her debt forgiveness plan isn’t for you. Warren made this point on CBS This Morning:
Democratic Sen. Elizabeth Warren stands by her comments that if you saved for your education, too bad, her college debt forgiveness plan is not "for you"pic.twitter.com/WwUcva8iW2— Tommy Pigott (@TCPigott) January 24, 2020
And people wonder why people like Donald Trump get elected president of the United States. Commentary’s Noah Rothman, also a Hot Air alum, noted that this college debt plan would set the ground for another populist backlash back in June of 2019, where he noted that this plan would be the largest transfer of wealth to wealthy people in our country’s history and leaving those who had just paid off their loans feeling like they’ve been suckered. Oh, and this will do next to nothing to reduce the costs of higher education. It was a rare moment when MSNBC was honest. Oh, and Rothman pretty much torched the core of Lie-a-Watha Liz’s 2020 agenda as well in this media hit (via Free Beacon):
Rothman criticized Warren's universal child-care plan, for example, saying her goal of providing free care to those making 200 percent of the poverty level or capping the charge at 7 percent of a family's come, would require capping costs in the child care industry.
"You do that one of two ways. Regulating the industry or creating some sort of a federal alternative," he said. "I'm not sure if people are going to like dropping their kids off at federal day care."
He also critiqued her plan to cancel 95 percent of student debt, calling it the largest transfer of wealth "to wealthy people" in the country's history. Experts have said her plan will benefit colleges and universities as well, since they would be likely to hike tuition fees.
"And it does nothing to lower the cost of college," Ruhle said.
Oh, and did we forget that she wants to do this and install a Medicare for All system that will destroy 150+ million private health insurance plans; there’s a lot of union households in that pool. So, Warren, and some of her Democratic colleagues, are running on a platform of taking away people’s health care and giving the finger to parents who have saved for their kids’ college educations. Talk about a crackerjack election strategy. The Left never fails in their stupidity.