Subsidizing education and student debt dangers
A funny debate between the Progressive Policy Institute‘s Diana Carew and Peter Schiff on the dangers of the current student loan bubble, the “right” to higher education and the proper role of government.
Poor Diana’s lower-lip sucking fear face is a cutesy coffin for her pyre during this debate.
Surely “progressives” (what a great marketing term for such a wantonly regressive gaggle of optimists) will call Schiff a bigoted, racist, “one-percenter” for standing upon the Cro-Magnon principles of economics and supply and demand; but that’s to be expected.
Somehow she doesn’t “get” that if the government gives away huge sums of money to students demand will increase and so will prices. Statists are a strange bunch…