Quote:
Originally Posted by Ben Franklin
Since 2004, "National Flood Insurance Program has borrowed $39.4 billion from taxpayers. It has repaid just $2.82 billion of that principle. In a report last September, the Congressional Budget Office projected that, as currently structured, the program should be expected to lose $1.4 billion on an annual basis." Yes, everyone should pay off the loans they took out, but in this case, those who don't need flood insurance, will also have to help pay off the loan. Shouldn't those who have federal flood insurance be the ones responsible for paying off the loan? Socialism?
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Why not provide the same handout proposed to those of with a college degree to include their peers. Why would we gift one segment of society? Those who provide some of the most essential services to society without a college degree and work tirelessly for smaller wages need to be rewarded too. Where does it stop?