We wonder whether the poor boys and girls in the barrios and ghettos are moved to tears when they see and read the horror stories about college graduates saddled with large student loan debt. Probably. They probably do feel sorry for those on the other side of the tracks with their heavy burdens of repayment and years of work ahead of them.
Barack Obama has “pivoted” to income inequality and the damnable ‘wealth gap’ now in his second term, having virtually guaranteed necessary medical care and great outcome, up to and including immortality, for every single American (and Mexican emigre) via his signature achievement, the Patient
Protection and Affordable Care Act. What a guy! Yes, he pivoted from health care to jobs, to foreign policy resets, back to jobs, then to sex-and-gender hysteria and back to Obamacare before pivoting to letting criminals out of jail and then turning the masses into vegetarian robots. Now he wants to deal with the Haves and the Have Nots. He has done more pivoting in five years than Wilt Chamberlain did in his entire career. But we digress.
There was a news item a few weeks back about a young lady out East who sued her parents for maintenance and college tuition, after she had emancipated herself from the house because she didn’t like their stinking rules. If you thought that was the epitome of gall, just wait til you read the quotation offered below from one disillusioned millenial in re “The Haves and the Have Nots.” Hint: he….’Has not.” Mom and Pop ….”Have.”
The headline of the linked article reads:
$1 trillion student loan debt widens US wealth gap
If you are confused about how people who go to college factor in this “wealth gap” or “inequality” dilemma that Barack and the Socialist Progressives purport to want to solve, imagine the incredulity of the poor people in the barrios and ghettos mentioned above, who thought THEY were the ones getting the short end of the stick. How did this whole Social Justice brouhaha morph into people who have the wherewithal, whether borrowed or not, and the intellectual capacity and drive and direction and assistance needed to pursue higher education, being the “unlucky ones”???? As they say in Math class – go figure.
Apparently, these millenials, or whatever they are called, want it all and they want it right now. They want to come out of the gate debt-free and socking it in the bank…..big time.
Every payment toward their student loans is $900 Dr. Nida Degesys and her husband aren’t putting in their retirement savings account.
They believe they’ll eventually climb from debt and begin using their earnings to build assets rather than fill holes. But, like the roughly 37 million others in the U.S. saddled with $1 trillion in student debt, they may never catch up with wealthy peers who began life after college free from the burden.
We’re not sure if the Associated Press fully grasps the concept of “peers”, but at any rate it’s just so unfair to have to pay all that money back, isn’t it? Probably adding to the insult and injury is the fact that we’re pretty sure Dick Cheney waterboarded the unlucky couple until they agreed to sign up for the loans in the first place. Left to their own devices, they would surely have invented Windows, won the lottery or been adopted by J. Paul Getty and not had to worry about loan repayments, rent or anything else. See, it’s disparity, and, um, inequality, and, uh, unfairness, fer sure.
“I’m sitting here in traffic. I’ve got a Mercedes behind me and an Audi in front of me and I’m thinking, `What did they do that I didn’t do?'” Zbylut said by cellphone from his Chevrolet. He’s been turned down twice for the type of mortgage he needs to buy a home big enough for himself, the fiancee he would have married already if not for his debts and her 10-year-old son.
OH, the humanity! Oh, the indignity! Having to sit there and talk on your cellphone from a…..Chevy! “Look at those gleaming Mercedes and Audi’s out there! Mein Gott! Why hast thou forsaken me!??”
Just hold on, young Zyblut. Hang tough. Barack Obama and the Associated Press are doing their part by bringing your story, and hundreds of thousands, perhaps millions of others like you, to the attention of the caring public. Everyone surely will soon feel your pain.
Now, if you thought you had heard it all, if you thought the drudge and hell and want and deprivation the younger set has to go through these days was being hyped to a bit of an extreme, and if you thought ingratitude couldn’t be any more pronounced, feast your eyes on this next quote from young Zyblut:
“I have more education and more degrees than my father, as does she than her parents, and yet our parents are better off than we are.
What’s wrong with this picture?” he said.
His parents are better off than he is. And there is something wrong with that picture. And that’s all that needs said about the subject, ladies and gentlemen, in the way of a segue into a solution for his angst.
You see, his parents, if they fit the mold of traditional Americans, probably scrimped and saved their entire lives, probably actually worked to make a living and provide for the little ingrate, and probably benefitted from their labors by being able to invest in things like…..a savings account, IRA’s, mutual funds, pension equities, the equity in their home, and such as that.
So……knowing that, what to do? What to do? How to make things fair? How to reward the attainment of a college degree? How to turn that into equity? Why should the newly-credentialed have to wait to…..have it all?
The problem has been described and…..the assets have been identified, kids. The aggrieved Mr. Zyblut featured above showed you the situation in stark clarity. You don’t have the assets. Your parents, and millions and millions of other parents, do. He stated that there is something wrong with that picture. So the remedy entails …..what? Redistribution? Bingo! Other useful terms you might want to include in your vocabulary are “forfeiture”, “seizure”, “voluntary transfer”, “involuntary transfer”, even perhaps “mandatory early inheritance”. All are useful concepts which Barack Obama and the Associated Press will help you master and attain as you seek to…..take what is rightfully yours. From those who don’t really deserve it, now do they? Because they don’t have the “degrees” that you do. Your stinking, undeserving parents. Oh, how could they be so…….rich!!!????
Stand ready to receive what is your just reward for being you, young millenials! Just answer the Washington Post/AP poll in the affirmative when asked if it is wrong for your parents to have more than you. And be sure to check the box marked “Turn it Over” in the list of what they should be forced to do to atone for their evil ways. And demand that Barack Obama be given more time to achieve the Fundamental Transformation of America, because he weeps every night when he thinks of the awful disparity between you and your parents and he will not rest until the unjust inequality is rectified and your parents’ and their peers’ assets are reduced, or seized entirely. Barack Obama and the Associated Press are about nothing if not the primary importance of Social Justice, even the warped kind described here. You can take that to the bank. Your future will be so, so bright ……..or something.