THE COMPANY STORE MAKES A COMEBACK

Buck Batard at Bad Attitudes points out how the Rethugs have financially handicapped American youth:

“We’ve never done this to a generation of young people before,” said Dr. Heather Boushey, Senior Economist at the progressive Center for Economic and Policy Research. “We’ve never put a generation in their 20s in debt they can’t get out of before they started their work life.”

“The normal approach in any healthy society is to help young married couples get started in life through marital gifts, dowries, and the like,” Allan Carlson of the socially-conservative Howard Center for Family, Religion, and Society said.

“We now burden many young adults with student debt, sometimes massive in nature; the price being paid includes marriages delayed or foregone and fewer children. This is foolish public policy.”

What are these folks from the left and right side of the political spectrum talking about? The cost of college and the resultant student loans are making college unaffordable for a whole generation of young people. Democrats have tried to take some of the sting out of the cost of college, but once again, George Bush and his band of merry Republican thieves feel no shame in making you, or your children, pay more and more. The alternative? Just don’t get an education, thus adding more slave labor to the cheap labor pool for big business. As Harry Truman once said: “most Democrats vote for the people, and most Republicans vote for special interests”. Not much has changed since then, except for the fact that the Republicans are helping the company store make a comeback.

Tags: younger generation in debt, college affordability