Elizabeth Warren faces right-wing stooge: Here’s who’s quietly funding her top critic


Salon has the article Elizabeth Warren faces right-wing stooge: Here’s who’s quietly funding her top critic by David Dayen.

Today, the Senate votes on Elizabeth Warren’s bill to refinance previously issued student loans to current rates, which would save borrowers $55 billion over 10 years. The bill is designed to play up a contrast between the two parties on student aid; it’s not going to pass. And ultimately we need to give young people a free or near-free public option for higher education, rather than modestly subsidize the indebtedness that causes delays in major purchases and harm to the economy. But you could certainly do worse than reducing the massive amount of money the government makes off student borrowers (and I don’t think you have to pay for it; an investment in higher ed pays off itself in the long run).

Here is another voice recognizing “and I don’t think you have to pay for it.”  He may have the wrong reason for his thinking or at least not the most proximate reason.  Still there seem to be signs that the idea is starting to sink in.  I am sure that my constant harping on this point in my posts on this blog have had nothing to do with the burgeoning awareness.  It’s probably just that if I could figure it out, certainly there are other people who could figure it out, too.

I’ll let you read the rest of the article about the subject of the headline.  He makes a good point of not assuming that just because a study comes from The Brookings Institute, that it means it must be a disinterested research analysis when it criticizes someone on the left in politics.

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