Article Image

IPFS News Link • Biden-Harris Deep Fake Administration

The Biden Administration Is Taking From the Poor and Giving to the Rich

• https://reason.com by VERONIQUE DE RUGY

If you had any doubts that those in power have dropped the pretense of fighting for the working class, you can dispense with them after President Joe Biden administration's latest concessions to the laptop class. From student loan forgiveness to subsidies for people who drive pricey electric cars and profitable semiconductor company CEOs, this administration is working hard to shower its friends with handouts paid for by hardworking lower-wage Americans.

We learned of the most outrageous handout of them all, of course, when Biden announced that he will—unilaterally, mind you, and for no apparent reason that I can see—extend the pause on student loan payments until the end of the year and forgive up to $10,000 for those persons making less than $125,000 a year. This generosity with other people's money extends up to $20,000 for Pell Grant recipients.


JonesPlantation