Warren’s Plan for Student Debt

Not one to rest on her “impeach the mofo” laurels, Senator Warren adds another plank to the 2020 Democratic Party platform. Via TPM:

Democratic presidential candidate Sen. Elizabeth Warren (D-MA) on Monday unveiled a comprehensive plan to cancel student loan debt and provide free public college.

After making headlines by calling for impeachment proceedings against President Donald Trump, Warren laid out in a Medium post her plan to cancel $50,000 in student loan debt for everyone who makes under $100,000 per year. Those making between $100,000 and $250,000 would see that $50,000 cancellation figure decrease by $1 for every $3 the person makes above $100,000…

The plan’s total estimated price tag is $1.25 trillion over ten years, which Warren says would be “more than covered” by her proposed Ultra-Millionaire Tax.

Where have I heard that “$1.25 trillion over 10 years” figure before? Oh yeah, that’s approximately what Trump’s deeply unpopular tax cut for fat cats cost the Treasury. Here’s a quote from Warren’s post at Medium:

We got into this crisis because state governments and the federal government decided that instead of treating higher education like our public school system — free and accessible to all Americans — they’d rather cut taxes for billionaires and giant corporations and offload the cost of higher education onto students and their families. The student debt crisis is the direct result of this failed experiment.

That’s the truth. Reagan was president when I was in college, and back then, it was possible to work your way through school even if you didn’t have a scholarship. You could do it with minimal to no loans because tuition was fairly affordable, and programs like Pell grants would pick up some of the costs. It’s a completely different world for my kiddo and her peers, and it’s not because they’re wasting money on avocado toast and iPhones.

Anyhoo, Elizabeth Warren: come for the courage on impeachment, stay for the nonstop roll-out of policies to address what ails us. I don’t know if she’ll win the nomination. The conventional wisdom says she won’t for a million reasons, including that many of the folks who would benefit from this plan are still enthralled with Shouty McWaggyfinger. But Warren is building a party platform, plank by plank, and it’s impressive.



Tuesday Morning Open Thread: Got Summer Vacation Plans?

I am (perhaps overly) sensitive to the charge that I’m prejudiced towards my personal favorite Senator — and, boilerplate: I will do everything in my power to support the eventual Democratic nominee — but damn, Elizabeth Warren does not get the credit she deserves!

Everything in this proposal is noteworthy, but giving lower-income families more of a chance to enjoy national parks is *not* a small thing, if we want support for those parks to be more than ‘a little perk for white totebaggers’…


Read more



Speaker Pelosi on 60 Minutes

I haven’t seen the whole interview yet, but The Post has a top five points compilation up on YouTube:

I’m glad she said this:

“The Mueller report is about an attack on our elections by a foreign government. And we want to know about that. We want to know about that in terms of being able to prevent it from happening again. So it’s bigger even than Donald Trump.”

There was a tinge of sarcasm in that last sentence, as was fitting. She’s absolutely correct, and while I don’t think it was Trump’s strategy to make it all about himself (that’s his default setting), he largely succeeded, which is just one of the many ways he’s failed utterly to live up to the oath of office.

Anyhoo, boy, did Pelosi ever hit the nail on the head here, when asked to describe Trump’s abilities as president:

Pelosi: “I think that there’s nobody in the country who knows better that he should not be President of the United States than Donald Trump.”

Stahl: “You think he knows it himself?”

Pelosi: “I think he does, yeah.”

No wonder Trump rushed to Twitter to lamely attacked Pelosi as soon as he saw the program. The truth hurts.

On the future of the party, Pelosi said this:

I think our future is strong enough, is built on a strong enough foundation to withstand everything, including the current occupant of the White House. I don’t think for two terms, though.

Agree with that too.

Meanwhile, moments ago, Elizabeth Warren just busted out a plan to manage public lands. I don’t know if she’ll win the nomination, but she seems to be writing the 2020 party platform. Works for me!

Open thread!



Open Thread: Motivation



Wednesday Morning Open Thread: “Frolicking”

Looks to me like Chewbacca is pondering the evanescence of beauty… and the perky cluenessness of the human animal. (Also, as the Spousal Unit pointed out, those are magnolia petals… )
 
Speaking of the deliberately obtuse: