Over the past few days the blogosphere has been jam-packed with examples of the various offenses being perpetuated by the Obama administration via lies and outright distortion of the facts, to keep “a boot on the neck” of domestic energy producers and wealth creators, as well as disturbing reports that Obama has invited the Muslim Brotherhood to the White House despite the fact that the MB has a long history of deception, promotion of Sharia law, anti-Semitism, and anti-Western values. Instead we are distracted by the student loan debt issue which the President jetted around college campuses this week looking for votes………………….
Of course, as usual, the MSM conveniently leaves out reporting on what Obama didn’t say to students (from Doug Powers at Michelle Malkin.com):
“In 2007 I missed two votes to extend the student loan bill that I now want you to believe is the most important things I’ve ever promoted. Can I get an amen?” “More than half of all young college grads are now jobless or underemployed. Can I get an amen?” “According to my own Vice President, government meddling in the free market actually increases college tuition. Can I get an amen?” “Since I took office, over $5 trillion has been added to the national debt — or over $16,000 for every man, woman and child in the United States. Can I get an amen?” “Student loan interest rates are set to double because the then Democrat-controlled Congress voted to do so. Can I get an amen?”
A great article was posted by Jeff Jacoby at the Boston Globe in which he states:
“If insanity is doing the same thing again and again but expecting a different outcome, then the federal government’s strategy for keeping higher education affordable is crazier than Norman Bates. For decades, American politicians have waxed passionate on the need to put college within every family’s reach. To ensure that anyone who wants to go to college will be able to foot the bill, Washington has showered hundreds of billions of dollars into student aid of all kinds — grants and loans, subsidized work-study jobs, tax credits, and deductions. Today, that shower has become a monsoon. As Neal McCluskey points out in a Cato Institute white paper, government outlays intended to hold down the price of a college degree have ballooned, in inflation-adjusted dollars, from $29.6 billion in 1985 to $139.7 billion in 2010, an increase of 372 percent since Ronald Reagan’s day.”
And Jacoby adds:
“Federal financial aid is a major source of revenue for colleges and universities, and aid packages are generally based on the gap between what a family can afford to pay to send a student to a given college, and the tuition and fees that college charges. That gives schools every incentive to keep their tuition unaffordable. Why would they reduce their sticker price to a level more families could afford, when doing so would mean kissing millions of government dollars goodbye? Directly or indirectly, government loans and grants have led to massive tuition inflation. That has been a boon for colleges and universities, where budgets, payrolls, and amenities have grown amazingly lavish. And it has been a boon for politicians, Republicans and Democrats alike, who are happy to exploit anxiety over tuition to win votes. But for students and their families, let alone for taxpayers who don’t go to college, it has been a disaster. The more government has done to make higher education affordable, the more unaffordable it has become. More of the same won’t yield a different outcome. By now, even Norman Bates would have figured that out.”
AMEN, AMEN, AMEN, AMEN……AMEN!!!!!!!!!!!