The left wing of the Democratic Party is already openly pressing President-elect Joe Biden on controversial progressive wish-list issues rather than the pressing needs of the American people during an unprecedented public health and economic crisis.
Elizabeth Warren tweeted last Thursday that after taking office, Biden-Harris can cancel billions of dollars in student loan debt, giving tens of millions of Americans an instant financial boost and helping to close the racial wealth gap. This is the most effective executive measure available for massive economic incentive. “
For example, instead of reaching down the aisle to work out a fair, bipartisan stimulus plan, Warren again decides to promote divisive political priorities that put Americans against each other.
Many Americans are frustrated with the idea of lending to a certain class of credit that privileges the upper middle class while others struggle under the weight of mortgage and consumer debt. A study, the 2016 Consumer Finance Survey, found that the top 25% of American households own 34% of the country’s educational debt.
Additionally, such plans undermine the individual responsibility for education and financial decisions that all Americans must make. How many Americans have worked hard to keep the rules and pay back outstanding education loans, and will feel cheated when others are rewarded for different choices?
As she puts forward her proposal on the economic pressures of the COVID-19 pandemic, keen watchers know full well that student loan forgiveness has been one of Warren’s political hobby horses for years. For example, during her presidential campaign, she declared student loans a “crisis” and proposed a plan to spend $ 640 billion in taxpayers’ money to lend them.
Voters chose not to have President Elizabeth Warren for a reason.
This quarterback attempt on Monday morning to push through their own political agenda through social media pressure on executive action is strongly discouraged. Senator Elizabeth Warren and her colleagues in the United States Senate can work for the people of Massachusetts.
Student loan forgiveness is an issue that can be difficult to reach consensus on. However, if Sen. Warren is serious about easing financial pressures on families during these troubled times, there is plenty of room for settlement with Republican senators from around the nation.
Fair stimulus payments, sustaining unemployment during the pandemic, and small business survival should be areas of collaboration for all senators, regardless of political affiliation. For too long, the Democrats have used President Trump as an excuse to partition in Washington, DC, failing to meet the needs of the people struggling at this unprecedented time in American history. With Trump about to leave town, it’s time for Senator Warren and other Congressional Democrats to put their partisan agenda items aside and get back to work.