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What can 2020 Democrats say to the millions of Americans who have scrimped and sacrificed for a decade or more to pay off student loans? Do Democrat presidential candidates give them any thought at all when proposing to erase a trillion-and-a-half dollars of student debt that others owe? Will there be a reparations program for those who worked like slaves to pay off their loans? Or, must we pay the debts others incurred as well? Where is the justice in that?
My choice of where to attend college was based on what I could afford and Massachusetts state colleges and universities were within my reach. Others at my small, Catholic high school went on to expensive, private colleges because their parents could afford to pay, or because they took out loans. Taxpayers in Massachusetts subsidized the universities from which I graduated and I appreciate that, but I paid taxes too because I’ve worked since I was sixteen, including while I was in high school and college. I worked full-time during two years of undergrad and another two years of grad school.
Working is what I was doing while many of my peers were smoking weed and drinking beer in dorms and frat houses. Never did I take loans or grants from government, and I didn’t ask my parents for money either, knowing I was one of eight children. I paid my own way, but when my wife went back to school later in life she took out some loans because we had four children, some of whom were also going to college. We paid those loans off within a few years and celebrated the last installment.
Not only would some 2020 Democrats forgive student loans, but they’d also make college free as well. Taxpayers would fund students who major in women’s studies, gender studies, and queer studies, and other majors of questionable academic value even though there are few, if any, jobs for which those “studies” prepare them. Democrat candidates are promising all kinds of free stuff — and not just for Americans either. During last Thursday’s televised debate, a moderator asked how many of them supported free healthcare for illegal aliens and every hand went up. Two weeks ago I wrote about hundreds of illegal aliens from Africa who walked across the Rio Grande and instantly became legal by telling border guards they were seeking asylum. From Texas, they were put on buses to Portland, Maine.
The Democrats who have retaken control of Maine government are working hard to renew state welfare subsidies for the City of Portland when that city gives welfare to former illegal aliens — now asylees. California recently authorized free healthcare to illegal aliens. Most of the Democrat presidential candidates promise “Medicare For All” if they’re elected. What they don’t tell us is that hospitals and other health care providers would go out of business if they had to accept only Medicare rates for their services.
When my primary care physician (PCP) was fired from Bridgton Hospital for refusing to take on the huge caseload new management tried to impose on him, I had to search for a new PCP. My wife’s PCP had left Bridgton Hospital earlier and joined Intermed in Portland, but that practice wasn’t taking on any more Medicare patients — which is what I had become when I turned sixty-six. I understood why; they were losing money on Medicare patients. Fortunately for me, however, my wife’s PCP agreed to take me on anyway.
My point here is that private health insurance payments far exceed low Medicare rates, but even with those de facto subsidies, Medicare is still projected to go broke. Still, Democrat presidential candidates are declaring they would abolish private health insurance if elected — which would, of course, hasten Medicare’s bankruptcy. About 150 million Americans pay for private health insurance policies.
Here’s hoping I’m not wrong in my belief that voters in 2020 will realize we cannot afford what Democrats are proposing. Heck, we can’t even afford what we’re doing now with the national debt increasing at almost a trillion dollars a year. In 2019 our $22 trillion debt eclipsed our gross domestic product (GDP) and shows no sign of slowing down. The two biggest drivers of annual budget deficits are Social Security and Medicare and politicians of both stripes lack sufficient courage to tackle those “third-rail” issues.
I voted for Donald Trump in 2016 and will likely vote for him again in 2020 if present trends continue. However, he’s not doing much about deficit spending. He has increased economic growth with tax cuts and reduced regulation. Federal revenue is up as a result, but not enough to balance the budget. Unfortunately, the best I can say about Trump and the deficit is that the Democrats are likely to be worse than he has been.
