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The Democrats’ Debt Ceiling Position Makes Zero Sense

“If you buy a car,” White House Press Secretary Karine Jean-Pierre explained the other day, “you are expected to pay the monthly payment. … It’s that simple.”

Is it? Now, obviously, those who argue that the president can cancel millions of student loans by decree aren’t in a position to offer lessons on personal responsibility. The deeper problem with Jean-Pierre’s analogy, though, is that there isn’t a bank on Earth that’s going to keep lines of credit open when a person is compounding unsustainable debt year after year.

[thefederalist.com]

Garsco 8 May 11
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2 comments

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0

You're so last century!

2

If you want to buy the corvette you might need to cut other expenses in order to make those car payments, otherwise you can drive that 1999 Camry.

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