Don’t Blame Boomers, Blame Their Parents
Since I’m being cranky today, I might as well stay cranky. Over at Vox, fellow boomer David Goldstein says that our generation ruined college for everyone else: Boomers like me have pulled up the ladder behind us after being educated largely at taxpayer expense. No wonder young people have piled up more than $1.5 trillion…
Millennial Debt Is Actually Pretty Low
Bernie Sanders proposed today that all existing student debt—amounting to about $1.6 trillion—should be wiped off the books. Kara Voght has this to say: In recent years, researchers and policymakers have begun to view student borrowing and its side effects as an economic crisis. The Federal Reserve blames student loan debt for young adults’ declining…
Sanders and Warren Have Very Different Plans to Fix Student Debt
Sen. Bernie Sanders (I-Vt.) holds a news conference to discuss his college affordability legislation in Washington on Monday June 24, 2019.Caroline Brehman/CQ Roll Call via AP Bernie Sanders just took his long-running war against the high cost of college to a whole new level: He’s introducing a bill to cancel all $1.6 trillion outstanding student…
Trump: Fed Not Helping My Reelection Campaign Enough
Here’s a trip down memory lane: September 12, 2016: Candidate Donald Trump whines that the Fed should be raising interest rates, but won’t because it’s protecting the economy for Obama. “Any increase at all will be a very, very small increase because they want to keep the market up so Obama goes out and let…
Federal Judge Opens a Longshot Path to Striking Down Census Citizenship Question
Immigration activists rally outside the Supreme Court on April 23 as the justices hear arguments over the Trump administration’s plan to ask about citizenship on the 2020 census.J. Scott Applewhite/AP A federal judge in Maryland found on Monday that the Trump administration’s addition of a citizenship question to the 2020 census might have been motivated…
Donald Trump Is an Alleged Serial Sexual Assaulter
In the latest issue of New York, E. Jean Carroll says that Donald Trump raped her in a dressing room at Bergdorf Goodman in the mid-90s: The moment the dressing-room door is closed, he lunges at me, pushes me against the wall, hitting my head quite badly, and puts his mouth against my lips. I…