Obamacare, Student Loans, and the End of Empire
Friday April 19, 2024 | Mary L. G. Theroux
Once upon a time—in 2010 to be exact—in the land of D.C., the great and powerful Obama proposed a new law called “Obamacare.” Now, in those long-ago days, despite U. S. debt totaling $13 trillion, most Americans still held the superstitious notion that new federal legislation must include the means to pay for it. Accordingly, the emperor’s courtiers came up with a noble solution: “Eureka! We will take over the federal student loan program, capturing its billions of dollars in profits to cover the cost of Obamacare!” (more…)