Biden is already letting us down ( Archived) (47)

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Joe Biden has been President-elect for less than two weeks as of this writing. And even though he’s still months away from actually assuming office and facing Republican opposition in Congress, he’s already abandoning transformative change for tempered incrementalism. Progressives may have no choice but to primary him in 2024 if they want to avoid losing to an even worse version of Trump.

Mounting student loan debt — currently at $1.6 trillion and counting — was a top concern of younger voters in the 2020 election. And according to a recent Tufts University analysis, turnout among young voters aged 18-29 was 8% higher in 2020 than it was in 2016, with young voters making up 17% of the total electorate.

Given that Biden won by slim margins in critical swing states like Arizona, Michigan, Nevada, Pennsylvania, and Wisconsin, it would be accurate to say Biden would not be president-elect were it not for young voters. Likewise, it would be accurate to say Biden needs young voters to stay active and engaged if he wants to keep the White House out of Republican hands. But his rapid capitulation on student debt cancellation may end up alienating young voters before his presidency even begins.

Initially, Biden campaigned on forgiving up to $50,000 of student loan debt per borrower if they work in the public or nonprofit sector. And Senate Minority Leader Chuck Schumer (D-NY) recently suggested that Biden could forgive $50,000 in student loan debt per borrower through executive order, instead of relying on Congress. But seemingly overnight, the president-elect shifted his tone to say he'd only forgive up to $10,000 in privately held debt — even though 92% of student debt is federal — and only for "economically distressed" borrowers, which suggests rigid means-testing will stand in the way of the scant few borrowers who may qualify

Meanwhile, Biden snoozes in his chair,

Is this what you want America.

what "President-Elect"?

Semantics
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AP has become as worthless as Teats on a Boar long ago!

You do realise that Biden is NOT YET President and that the Trump cult are experts in spreading misinformation?
Maybe we should all wait until Biden takes the oath before maligning him, I'm sure the Trump cult will enjoy 4 years od spreading unfounded rumours and misinformation without the help from the misinformed. lol

No need for that,Riz,the Left is doing a superb Job at that already !

I would forgive all student debt incurred this year 2020.

But forgiving debt is not the way to build on that millennial quarter who has either A) got a proper job, or B) been to a real university. Don't repeat the same mistakes as old, you all made it middle class although you were never that good and now we are bust. Through debt we must learn not to go to the university of the former indoor swimming pool, we must learn that we don't need to know neo-marxism to study in accounts. We can build on that millennial quarter and have a competent western middle class for the first time in decades.