“Happy Meal Time for US Students” is my new column. Here is an excerpt:
“Barack Obama has promised America’s miseducated Millenials to keep the student-loan bubble from bursting. Campaigning in Iowa, the president vowed to keep college affordable, because, like every other welfare and warfare program, it “is at the heart of who we are.”
Interest rates for Federal Stafford Loans are set to double from 3.4 percent to 6.8 percent, on July 1. You just know how bad things are when a socialized financial market like student loans attempts to correct itself. Nevertheless, if the glut of miseducation is to be curbed, higher interest rates are healthy.
Why the president’s promise? The Twenty-Sixth Amendment, smuggled into the Constitution by statute, artificially swelled the ranks of Democratic voters by millions of eighteen-, nineteen-, and twenty-year-olds. While they don’t work for a living, youngsters get to vote for dibs on the livelihood of those who do.
It’s Happy Meal time for the nation’s students….”
Read the complete column, “Happy Meal Time for US Students.”
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