Quote:
Originally Posted by Bucco
I honestly dont look for this stuff, but in my reading this morning I find this and it is SO TYPICAL...how does anyone not know what is happening..
"Eager to energize young voters, President Barack Obama is depicting Republicans as obstacles to an affordable college education as he previews an argument he will make on university campuses next week in states crucial to his re-election.
"This is a question of values," Obama said in his weekly radio and Internet address Saturday. "We cannot let America become a country where a shrinking number of people do really well while a growing number of people struggle to get by."
Obama wants Congress to extend a law that cut interest rates on a popular federal loan program for low- and middle-income undergraduates. If the law expires, the rates will double on July 1, from 3.4 percent to 6.8 percent."
Read more: Obama wooing young voters with student loan focus
Does he not know or does he not care...
"Obama blames Republicans for voting against new ways to make college more affordable for middle-class families. But it was House Democrats who cut interest rates on the school loans in 2007 and included an expiration provision that placed the looming increase in the middle of an election year." |
I'm puzzled by your remarks. Obviously you intended this post as another criticism of the president. Thus you description; "So Typical."
But you criticize him for simply stating facts. Every word of Obama's quote, save one, is factually correct. The incorrect word is 'shrinking'. In fact there is growing, or at worst, a stable number of people who are doing well, in part because of the Republican congressional bloc which refuses to support revisions of the federal tax code. The rest of the statement is actually an understatement.
If you've read anything in recent years you are aware that the average amount of money owed by college students has risen rapidly, putting many in an almost irresolvable financial hole, unless they quit school.
Furthermore, it should be pointed out that the Republicans are blocking the reduction of student loan rates. That's a fact too. Yes, it was a Democratic Congress which passed the rate reduction five years ago, which has been a godsend to millions of students trying to grab the American dream. And like most other revenue bills, it had an expiration date. These are just more facts.
So anyway, you use a lot of facts here. More than usual. But they point to a conclusion which is the opposite of what it seems you intended.
There are a bunch of folks out there who agree that Obama's statement was 'So Typical'. That is, the President once again stating some facts and speaking the truth.