By Daniel Alman (aka Dan from Squirrel Hill)
November 14, 2022
In Aesop’s classic fable, “The Ant and the Grasshopper,” the ant spends all summer saving up food for the winter, while the grasshopper does not. When winter comes, the ant is well fed, and the grasshopper starves to death.
When I was a child in the 1970s, this fable was taught to children, in order to teach us a lesson. We were taught that the ant was the good guy, and the grasshopper was the bad guy.
Today’s Democrats who favor student debt bailout have a different interpretation of this fable. They view the ant as the bad guy because he was greedy and selfish, and he didn’t help the grasshopper. And they view the grasshopper as an innocent victim who deserves a bailout.
For the record, Aesop was a slave.
CNBC recently reported the following about the proposed student debt bailout:
“While recipients won’t see that aid in the form of a check, any remaining balances will be re-amortized, meaning monthly payments will be recalculated to reflect the new balance. For borrowers, that means monthly payments could drop by up to $300 per month.”
“73% of anticipated recipients say they expect to spend their debt forgiveness on non-essential items, including travel, dining out and new tech, according to a recent survey from Intelligent.com.”
It’s no surprise to me that the party that supported slavery wants to force low income taxpayers to pay for vacations and restaurant meals for people with college degrees.
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