Unbelievable but true: the self-professed reason the White House advisors give for why they want to restart student loan payments in Feb is because they are worried extending the pause further cuts against the narrative they are hoping to spread that the economy is booming
— The Debt Collective (@StrikeDebt) November 3, 2021
That idea might be too stupid for any normal person to enter into, but if you try hard you can see what the world must look like from inside the wine cave.
— The Debt Collective (@StrikeDebt) November 3, 2021
Do you get it? The economy has recovered? Need proof? We restarted student loan payments.
You might think we are making this up. Sadly no:
— The Debt Collective (@StrikeDebt) November 3, 2021
"But other advisers worry that continuing an emergency pandemic relief program into 2022 could undercut the administration’s messaging about the strength of the economic recovery." https://t.co/J0adQNN2gg
President Biden, some of your staff are psychopaths.
The idea that you should re-institute crushing debt on million of still unemployed college students because it will imply that the economy is better is not just stupid, it is pathologically evil:
Education Department officials are recommending that the White House once again extend the pause on federal student loan payments, according to people familiar with the internal discussions, putting more pressure on the Biden administration ahead of a fall deadline.
Those administration voices join a growing chorus of top congressional Democrats and advocacy groups pushing the White House to continue pandemic benefits for more than 40 million student loan borrowers.
………
Some White House advisers support further extending the relief to give the Education Department, which is charged with managing the $1.6 trillion federal student loan portfolio, more time to come up with a plan to ease borrowers back into repayment, according to people familiar with the discussions. But other advisers worry that continuing an emergency pandemic relief program into 2022 could undercut the administration’s messaging about the strength of the economic recovery.
………
“The Department should not be thinking about lifting the payment pause without fixing its broken wage garnishment system, moving faster to help defrauded students and ensuring that thousands of borrowers with disabilities who are entitled to relief aren’t placed back in collections,” said Aaron Ament, the president of Student Defense, which sued the Trump administration for failing to halt some student loan payments during the pandemic.
This is, "The cruelty is the point," politics, and it is directed at a constituency which overwhelmingly votes Republican, so it's also stupid and incompetent.
Here is a suggestion: Any member of your staff who has suggested should be fired ……… Out of a cannon ……… and into the sun.
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