Biden's using student loan forgiveness to buy votes, reward Democratic base going into midterms: Kevin Hassett
Student loan forgiveness will drive prices up for every American: Hassett
Former Council of Economic Advisers chair Kevin Hassett explains how Biden’s student debt relief plan will aggravate inflation on ‘Varney & Co.’
Former Council of Economic Advisors Chairman Kevin Hassett argued, Tuesday, that Biden is likely to pull the trigger on "massive" student loan forgiveness, telling "Varney & Co." his goal is to reward his Democratic base ahead of the midterm elections.
KEVIN HASSETT: They've got to reward their base, which is the teachers' unions, the trial lawyers and liberal academics. I think they are likely to do some massive forgiveness and the real irony is Democrats pretend to be for the little guy, but the typical blue-collar worker doesn’t have a college degree, doesn’t have student loan… And a lot of folks who have worked hard to pay off their loans and all those people are getting left behind by the Bidens, and they are tossing money at people who haven’t paid their loans.
HERE WHO HAS QUALIFIED FOR STUDENT LOAN FORGIVENESS UNDER BIDEN
Now the people who haven’t repaid their loans, disproportionately, are people who are English literature majors, or took a graduate program that didn’t give them a skill, so now they are angry about society, were taught to be Marxists and support the Democrats, and they are about to get a check from Joe Biden.
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Biden attempting to buy votes with student loan forgiveness: Kevin Hassett
Former Council of Economic Advisers chair argues the president is attempting to placate his base with a ‘massive’ student debt relief plan as midterms approach on ‘Varney & Co.’
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