and so here we go again, with this president, and this great thirteen percent popularity american congress... right now college students are "only" paying about 4% interest on student loans, evidently as part of some temporary government give away. hell, that's actually pretty high interest, considering that the federal reserve (that evil entity) is only getting about zero interest lending to banks in the pitifully sick economy of the vastly superior private sector.
now the give away is about to expire, and america's college students will soon suddenly be saddled with an 8% pay back. That'll force 'em to add a little more spam to their daily ramen noodles.
everybody in the country (america) agrees that the lower interest rate needs to be extended, in order to avoid driving america's young scholars into even deeper poverty and debt. There the agreement ends, and the usual squabbling begins.
Democrats want to "pay for" this perk by raising taxes on the wealthy, as usual, and the republicans prefer taking money out of one of the "slush funds" associated with obamacare. That's an ingenious plan; it would simultaneously pander to young obama adults while striking a blow against obamacare.
for me, a "slush fund" is the loose change in my car's ashtray set aside for happy hour icy drinks at sonic; for the gov, the term means a general purposes rainy day monetary fund. who knows how many slush funds there are, where they come from, and what eventually happens to them. doubtless, corruption of some sort is involved, after all, this is america.
American historians repeatedly point out that compromise is the secret of american political success.
...the constitution, the very structure of the united states is compromise, a compormise of power between local, state, and federal government..and for most of their history, americans have proven quite accomplished at compromise. maybe we've forgotten how, and should learn it anew.
couldn't these jokers (overly stubborn and ideomatic adults) reach a compromise of some sort? Like, say, using both revenue sources, equally? would this be entirely unthinkable, in our era of stare till they blink all or nothing poison political environment?
wouldn't it be wonderful if we could all come together as one great nation, and work together to solve......nah...
Bb
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