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The Benjamin Dixon Show

Episode 687 | There are ZERO Good Arguments Against Cancelling all Student Loan Debt

The Benjamin Dixon Show

The Benjamin Dixon Show

News, Politics

4.6861 Ratings

🗓️ 25 June 2019

⏱️ 22 minutes

🧾️ Download transcript

Summary

Bernie Sanders one-upped Elizabeth Warren and has called for the complete cancellation of $1.6 Trillion in student debt.

In this episode, I break down the arguments against this plan and give you a socialist and capitalistic argument for this plan.

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Transcript

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0:00.0

The Benjamin Dixon Show is only possible with listener support.

0:05.0

Go to W.W. dot the Benjamin Dixon Show.com to register for our blog and join the Progressive Army.

0:12.0

Today is... and joined the Progressive Army.

0:18.0

Today is Tuesday, June 25th, 2019. Yesterday, Barney Sanders came out and one-uped Elizabeth Warren's plan to cancel $50,000 worth of student loan debt.

0:26.7

Bernie Sanders is saying he's going to cancel all 1.6 trillion trillion of student debt.

0:34.4

And of course, the way both of them are going to pay for their policies is by raising taxes on

0:38.0

the rich, which is something to be applauded. That's the way to do it. A couple of really fatuous and

0:47.7

stupid arguments against this, against this policy have surfaced and I want to kind of take today's episode and go through a couple of those because it just shows it and also the different sectors from which they come. I think that's almost as interesting as

1:05.2

the arguments themselves the people who are making them of course you're going to

1:11.7

have conservatives who are on against this, but you also have some quote-unquote

1:17.6

centrist I guess. I don't know if that, basically some anti-burning Sanders people people basically I don't I don't know if they're

1:26.3

Full-blown neoliberal centrist doesn't even though even though you know the shorthand getting off on a tangent early on the

1:33.2

shorthand that we use for anyone we disagree with is generally to call them

1:37.0

neoliberal centrist shields even though that's the thing I'm not going to do that I

1:41.6

don't really know them well enough to know their politics except the thing

1:43.4

I'm not going to do that I don't really know them well enough to know their politics

1:44.1

except these tweets and their arguments against something that would change

1:49.0

the life of millions the lives of millions of Americans who are saddled with debt. I mean then it will

1:57.0

change the lives of those of us who just basically are saying you know we can't

2:01.9

afford to pay we won't pay at all because we can't afford to pay

2:05.1

So there's quite a few people who are in default because they just can't figure

2:10.5

out how to get those bills paid.

...

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