Speaking to a group of students at an Arlington high school today, President Obama pushed his argument for extending a student-loan interest rate cut while mocking House Republicans’ plan to pay for the cuts out of the ObamaCare slush fund.
“Unfortunately, rather than find a bipartisan way to fix this problem, the House Republicans are saying they’re only going to prevent these rates from doubling if they can cut things like preventive health care for women instead,” Obama said, with the teens booing on cue afterward.
“Some of the Republicans in the House are coming up with all sorts of different reasons why we should just let these rates double. One of them compared student loans to a ‘stage three cancer of socialism,’ whatever that means. I don’t know,” he continued, as the students laughed.
The president was referring to Rep. Todd Akin (R-Mo.), who said in a Senate campaign debate last week, “America has got the equivalent of the stage three cancer of socialism because the federal government is tampering in all kinds of stuff it has no business tampering in. …The government needs to get its nose out of the education business.”
“The spokesman for the Speaker of the House said that we were — meaning me — we’re just talking about student loans to distract folks from the economy. Now, this makes no sense because this is all about the economy,” Obama said, the high schoolers applauding in response.
Failing to extend the cut enacted by Democrats in 2007 would only affect new, subsidized Stafford loans. Extending the 3.4 percent interest rate on these specific loans would cost about $6 billion.
The Congressional Research Service found that the average benefit to students who get the lower rate is about $7 a month.
Which makes the numbers Obama told the juniors and seniors all the more curious.
“The Republicans in the House just voted to keep giving billions of taxpayer dollars every year to big oil companies raking in record profits,” Obama said. “They just voted to let millionaires and billionaires keep paying lower tax rates than middle-class workers. They even voted to give an average tax cut of at least $150,000 to every millionaire in America. And they want you to pay an extra $1,000 a year for college.”
The kids booed.
All.he.does.is.lie.
– can’t sit at his desk and do some work.
The new official language of the US; Bumper Sticker. It is even better than the language of Tweet.
That we have fallen so low that such a bold-faced, smarmy liar can pontificate from his platform…and millions listen and believe.
I suppose some small comfort is that I can throw that back in the faces of rabid Lefties that they are so “intelligent,” so “educated,” that they’d allowed themselves to be sold a bill of goods by a modern-day huckster.
Dumm Macht Frei, y’all.
We’ve got bumper stickers. You pick the theme. Class warfare, we got it. Envy and covetousness, check. Pseudoscientific consensus, over here. Baitin’; sexist, racist, homophobic; come and get your bumper stickers.
Since this was at a high school in Arlington, Virginia, I’ll guess that a lot of these kids have parents who have comfortable sinecures with the federal government or with any one of a number of “progressive” nongovernment organizations. This means that these kids are going to be big supporters of “progressive” big-government programs advocated by the Prez. I’ll also guess that most, if not all of these kids plan to going to college (if not one of the “Ivies”, then maybe some place like William and Mary) where they plan to major in “Poli Sci”, Sociology, or some non-STEM major which they hope will serve as a stepping stone to a cushy government career where they will issue more stifling policy directives and regulations for the rest of us proles.
Why was he making a partisan speech to a group of HS students? Was this with the school’s permission, and during school hours?
How do you spell liar? There are several spellings: Obama, Democrat, Liberal are three.
The most effective campaign issues Romney has for the 18-25 crowd are the national debt and the under-25 unemployment rate. The GOP should be running commercials telling the under-25 crowd that their real share of the national debt is currently almost $100K and growing. And since the only jobs they can expect to get in our current economy are minimum wage jobs, they will never be able to pay off their share of the national debt, which incidentally they had no responsibility for creating.
Forget Obama’s class warfare. Generational warfare would be far more effective.