How does it feel to be stuck with someone else’s college debt?
That is what Joe Biden did to the middle class on Wednesday.
After almost three weeks of vacation, Joe Biden returned to DC to screw over the working class in this country.
Pay For It
Biden announced the “forgiveness” of up to $20,000 in student loans for people.
Most of you reading this have already paid off your student loans, but now you get to pay them off for someone else.
This is a loan transfer, not forgiveness.
Biden says that loan payments will resume for those who still owe money at the end of the year, which will offset this forgiveness, but it won’t.
Those repayments are just putting money back in that was already paid out.
Here is the real kicker… Biden just poured $300 billion on to the recession fire that is waiting to burn out of control in this country.
Even one of Obama’s former top economic advisers described it as just that.
So, we not only have to pay down this debt, but you can also expect household costs to go up by about $150 a month next year.
Don’t go crazy at Christmas, folks, because you will need that money for groceries in 2023.
Source: Fox News
