“Basically”.

Five years ago, Congress cut the rates on federal student loans in half. That was a good thing to do. But on July 1st — that’s a little over two months from now — that rate cut expires…That’s basically a tax hike for more than 7 million students across America.

Ending a subsidy is “basically” a tax hike, and apparently that’s bad.  Whereas an actual tax hike, apparently, is not. 

This is a real head-scratcher.  Or it would be, if public discourse had not passed beyond parody itself.

Urgh.  My next post will be as far from politics and civics as can be imagined.

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About wormme

I've accepted that all of you are socially superior to me. But no pretending that any of you are rational.
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One Response to “Basically”.

  1. Pingback: A man of his word. | World's Only Rational Man

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