Business

Guess Who Openly Admits That Gov’t Intervention Increases Prices? Joe Biden

In what can be described as another “Oh, that Joe Biden!” moment, the Vice President admitted before a crowd of students at Florida State University Monday morning that government intervention in the free market and providing subsidies for students to attend college has led to an increase in college tuition.

“Good morning Mr. Vice President,” one Florida State student began during a Q&A session, “I was wondering how do you feel about the idea that government subsidies and interference with the free market, for example, by artificially increasing availability of student loans is at least partially responsible for rising tuition costs.”

“And now we‘re facing a possible student loan bubble and subsequent collapse just as we’re coming out of the housing crisis,” the student said.

“Well, say the first part of your question again about how we’re artificially creating what?” Vice President Joe Biden asked.

“By manipulating variables in the free market and giving out government subsidies that maybe is partially responsible for rising tuition costs,” the student clarified.

Listen to the Vice President explain how government intervention affects the markets via BreitbartNews:

“By the way, government subsidies have impacted upon rising tuition costs. It’s a conundrum here. But if we went the way of your view of the free market route, what we would have done is we would not have done that,” the Vice President said. “We would not have increased Pell grants, for example. And there would be 9 million fewer students in college today.”

“And there would be hundreds of thousands and millions of students who would not be in college who don’t get Pell grants because there was no ability for them to borrow money through Perkins loans and/or have the tax deduction,” Vice President Biden added.

“So you are right,” the Vice President added, “In a pure free-market, the college tuition would have to be lower because there would be fewer people going to school, they wouldn’t have as much coming in. But the end result is we would probably have — we go for the better part, half a generation, of going 16th in the world maybe down to 20th in the world.”

The Vice President went on to argue that if Bank of America, despite all of its mistakes, can be rescued by government intervention, then, naturally, America’s youth should receive similar financial assistance.

But outside of openly admitting that government intervention has led to price hikes, what else does the Obama administration’s proposal to expand student-aid through increases ($1 billion to $8 billion) in the Perkins student-loan program mean?

“To anyone who hasn’t graduated from college recently, this might sound great. To those of us who have, it’s terrifying,” writes Ron Meyer, a program officer for Young America’s Foundation, in a recent New York Post op-ed.

“Making it easier to get a student loan now is as devious as making it easier to get a mortgage a decade ago — the government is encouraging people to take on more debt than they can handle,” Meyer adds.

Indeed, many critics believe that it was this type of action that caused the housing market to collapse.

“Many recent graduates face the same situation as the people who took out subprime loans from 1998 to 2007; the government encouraged them to take out massive loans that they now can’t afford. Student-loan defaults hit a record-breaking 8.8 percent last year,” Meyer writes.

“Growing the student-loan program means dooming more graduates to this same fate. Tuition costs continue to rise at twice the rate of inflation, and average graduating-student loan debt has grown 12.5 percent since 2008 (in real terms) to $26,300.”

Although the president has promised to fight increases in tuition by reducing funding to colleges that raise it, he has failed to mention that the “vast majority of federal funding comes to colleges through student loans,” which he intends to expand.

“So, even if Obama makes good on his threat to cut other funds to the schools, colleges that hike tuition will still receive more overall funding — giving these institutions little reason to reform,” Meyer writes.

Therefore, as opposed to doing them a favor, it seems the Obama administration is encouraging students to take out loans that will tie them massive amounts of debt, all so that they can go to a college that has increased its tuition rates as a result of government intervention.

But, this is still preferable to having “hundreds of thousands and millions” of students who can’t afford to go to college — at least it is if you’re the Vice President.

Comments (88)

1 2 3
  • SHOWMESTATEGUY
    Posted on February 7, 2012 at 2:49am

    And the msm made fun of Dan Quayle??????????????

    Report Post »  
  • kurtnut
    Posted on February 7, 2012 at 2:23am

    He’s nothing but “assassination insurance!”

    Report Post »  
    • Baddoggy
      Posted on February 7, 2012 at 5:59am

      Yes…I think he is the reason that Obama would never let Hillary be VP. One of the loons on the left would be wanting a new Pres..
      I hate Obama..I do not want him to be harmed as he would be turned into a martyr…

      Report Post » Baddoggy  
    • TomFerrari
      Posted on February 7, 2012 at 6:33am

      So it is good that we are cranking out millions of graduates with loans they cannot repay?
      Instead of fewer millions who graduate with no debt, because college was affordable?

      Just another REDISTRIBUTION OF WEALTH scheme.
      To qualify for the loans and grants you have to have low income PARENTS.
      It doesn’t matter if your parents refuse to pay your tuition, their income is still the determining factor.
      So, middle class to upper middle class cannot get loans.
      But, low income CAN get loans.
      The loans are guaranteed by taxpayers. Who pays the taxes? Middle to upper income.
      Who gets the education?
      TRANSFER OF WEALTH
      Which, by the way is a direct ATTACK ON THE MIDDLE CLASS!
      How? Because it makes tuition so high, we cannot afford it!!!
      Many more of us could get a college degree if it were AFFORDABLE.
      Or children are bright and hard-working. We just cannot afford tuition at these high prices!
      Of course, we then have states like California, who give DISCOUNTS to ILLEGAL ALIENS!!
      That discount is paid for by whom???
      Yep! Another transfer if wealth.

      Let’s jump off this socialist merry-go-round and stand on our own two feet!!

      Report Post » TomFerrari  
    • Detroit paperboy
      Posted on February 7, 2012 at 6:55am

      We are Geece on steroids, everything that is wrong with this country has been caused by criminal govt interference….. They have looted this nation, to cover their pay and benefits, and now they are looting our kids and grandkids futures ….. They are parasites and leeches , and they are strangling The Private Sector……. And they are about to get their ass kicked by China and Russia…. The rest of the world hates our Government cuz they are Criminal…..they are the one and only threat to our freedom….. and it is our duty to stop them !!!

      Report Post »  
    • MYHEROISRON
      Posted on February 7, 2012 at 7:20am

      Jackass …

      Report Post » MYHEROISRON  
    • lilygreen
      Posted on February 7, 2012 at 7:51am

      yeah!Hayek, Peter Schiff, Adam Smith, Henry Hazlitt. You need to inform yourselves and teach your children well.

      Bi-curious? -Datebi*cO’Mis designed for bisexual and bi-curious individuals to meet in a friendly and comfortable environment. It hopes that all members can make new friends and establish romantic relationships.

      Report Post »  
    • 000degrees
      Posted on February 7, 2012 at 8:00am

      If you recall the gov’t taking total control of college loans was attached to the “pass it to see what’s in it” health care legislation. There not even being sneaky about it anymore…Hope and change….

      Report Post »  
    • bccrane
      Posted on February 7, 2012 at 9:18am

      You do see what’s happening. Remember the gov’t took over all control of student loans in the health care bill. The president will either this year (I’m thinking this year for campaign purposes) or early in his second term if he gets reelected will come up with a program that the student will get amnesty from repaying the loan if they “volunteer their services to the gov’t for x number of years depending on their loan amount they will be forgiven their loan”. Does anyone remember the Civilian Corp to rival the armed forces? What will this civilian corp be doing? They have to do something for they have accepted “mandatory volunteerism” and are required to do whose bidding?

      Report Post »  
    • smithclar3nc3
      Posted on February 7, 2012 at 10:19am

      Someone tell Biden that well over half of the students in college don’t belong in college. That an engine is only as good as the vehicle and drivetrain you put it in. That perfume on a pig is stil a pig.

      Report Post »  
    • bccrane
      Posted on February 7, 2012 at 11:07am

      Obama/Biden know there are students that don‘t belong in college and through the gov’t student loans they will double down on it just to bring unrest when they graduate and no one will hire them, the only way out will be to turn to the gov’t and “volunteer” to get their loans forgiven, giving the executive branch a ready made army of civilians to do his bidding, this has been the plan since Obama was elected (actually well before he was elected and we’ve been steered right into this).

      Report Post »  
    • Ruler4You
      Posted on February 7, 2012 at 12:13pm

      Hell who can compete when waste, fraud, graft, theft, loss, contract extensions, over budget and over time ARE ALL added to any contract? Of course prices are going to go up. And that’s supposed to be “good”? in what way is artificial economic stimulation a good thing? Isn’t that what we are mopping up after right now? How come it’s “bad” when the private sector benefits? Is it only ‘good’ when government benefits? Doesn’t that create inflation?

      Report Post » Ruler4You  
    • DrFrost
      Posted on February 7, 2012 at 12:17pm

      @BADDOGGY

      I don’t hate Obama. I despise some of his policies and actions, but I don’t hate him. He‘s naive and he’s bought into the liberal entitlement dogma that we have allowed to be preached in our academic institutions. He didn’t have any “real world” experience to teach him how wrong this approach is. He didn’t have to deal with workers who think showing up occassionally should merit a fat paycheck. He’s never had to make something succeed based solely on his work compared to the work of his peers. He was successful mainly because the government gave him special considerations his whole life. He‘s an idealogue because he’s had no experience to teach him to be anything else. He thinks he can just talk to Iran and they‘ll be reasonable because he doesn’t have the life experiences to teach him that religious zealots are not reasonable people. He thinks the government needs to be people‘s nanny because he’s never really seen the negative side of big government.

      As a society we failed Obama. So it‘s really no surprise that he’s failing us.

      Report Post »  
    • onthefrontline
      Posted on February 7, 2012 at 1:01pm

      Will be known as the “Debt Administration”

      Report Post » onthefrontline  
    • onthefrontline
      Posted on February 7, 2012 at 1:11pm

      We CAN do him and America a favor in November…
      Boot him and all his nimrods out of Washington..
      if he goes, bet Pelosi would be the first to resign..
      Pelosi and Reid have to go too !! Now thats the
      Change I’m Hoping for.. Rick Santorum-2012

      Report Post » onthefrontline  
    • its_time_to_arrest_our_government
      Posted on February 7, 2012 at 3:58pm

      you can put everyone through college what good is it if they cant get a job after they finish? the only reason they want to put more people through schools is so their buddy’s get more money. Im waiting on the rest of America to get pissed as I am and put all these politicians in jail for their thinking they rule over us. the only reason any of them still breath is because we do nothing to them for the crimes they do to us. This needs to change and it needs to change today. violate the constitution go to jail if one of your judge buddy’s lets you off both need to go to hell. ARE YOU FED UP YET AMERICA?

      Report Post »  
    • its_time_to_arrest_our_government
      Posted on February 7, 2012 at 4:40pm

      i dont want him dead i want him to live a long life……..in a federal prison i want him to live in fear of Buba paying him a visit again night after night. yeah long live inmate Obama and inmate Buba! may you be a happy couple for years to come…..

      Report Post »  
  • freedomofspeech
    Posted on February 7, 2012 at 1:55am

    excuse me Mr. VP, you say fewer kids can go to college because they could not secure a loan, therefor government intervention needed? My question is: if there was no intervention from the government and colleges would have to compete amongst themselves for tuition money would that keep cost low and weed out the colleges that did not suppply the customer with good service?

    Report Post »  
    • SEPARATENOW
      Posted on February 7, 2012 at 7:51am

      The ignorance of economics shown by this Vice President of the United States is not surprising. It is the lack of astonishment at his ignorance that is.

      Poor Joe, he just can’t help being an idiot and showing it. Almost lovably a moron.

      Report Post » SEPARATENOW  
  • Scarybones
    Posted on February 7, 2012 at 12:58am

    The first big underlying mistake is that everyone should go to college. Not everyone is cut from the same mold and I personally know dozens of people who went to college, got themselves an essentially useless degree, a small mountain of debt and a pretty slip of paper to frame on wall in their parent’s basement. We need to get back to the idea of good, solid working jobs and trade schools as an alternative to four year colleges. Not bagging on the latter but an ivy league education is not for everyone and not even something that everyone should aspire to.

    Report Post »  
    • colt1860
      Posted on February 7, 2012 at 1:18am

      Excellent points. Not everyone wants to go to college or attain an ivy league status, irregardless of the pay or better living. Some folks would just rather start or continue their own small town private business, or join one. Others just want to work with wood and sell their own created furniture. There are so many things to do in a free market, only if the Government would stay out of it. Let the individual pursuit his dreams, and let the Government get out of the way.

      “A wise and frugal Government, which shall restrain men from injuring one another, which shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned. This is the sum of good government, and this is necessary to close the circlue of our felicities.” – Thomas Jefferson

      Report Post »  
    • smartass
      Posted on February 7, 2012 at 1:18am

      I agree with you whole heartedly. My son went to a local University where 2/3 rds of the freshman class flunked out because they didn’t belong there. Too many colleges and universities have lowered their admittance standards in order to get more students and hence more money, but seem to care little about graduation rates. Thi wate of resources is what’s driving up tuition casis, not the loans in themselves.

      See my previous post, if you will.

      Report Post »  
    • A Doctors Labor Is Not My Right
      Posted on February 7, 2012 at 2:19am

      @smartass,

      “Too many colleges and universities have lowered their admittance standards in order to get more students and hence more money, but seem to care little about graduation rates. Thi wate of resources is what’s driving up tuition casis, not the loans in themselves.”

      While that’s true as far as it goes, like with all malinvestments, it wouldn‘t happen if the government wasn’t forcing cheap credit.

      See, the reason the admitting standards were higher, before, is because they made their money off their reputation (as do all businesses). But with cheap credit, they didn’t have to care what kind of student got in.

      And yes, the goal of schools is primarily to make money – it’s just that in a free market, they would have to please the consumer, which requires a reputation for high teaching standards. But it’s the wealth that is [supposed to be] represented in the money they get in exchange for teaching that drives them to teach, otherwise they wouldn’t.

      Report Post »  
  • Trick
    Posted on February 7, 2012 at 12:44am

    A failure of leadership.“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally. Leadership means that, ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”
    ~ Senator Barack H. Obama, March 2006

    Report Post »  
    • pamela kay
      Posted on February 7, 2012 at 5:18am

      TRICK, Oh how things have changed. What lies and deception from our president. Yet so many people still fall for it. The GOP needs to run this in their ads. Thanks TRICK.

      Report Post » pamela kay  
  • kdbruceintx
    Posted on February 7, 2012 at 12:44am

    they just found this out???and they are suppose to be our leaders?? goverment has been screwing things up since the post office was created

    Report Post » kdbruceintx  
  • karenjerry
    Posted on February 7, 2012 at 12:40am

    Where do they get these figures they constantly throw around?

    Report Post »  
  • smartass
    Posted on February 6, 2012 at 11:43pm

    Biden was right on in his assessment of the situation. Regardless of an increase in tuition costs the ability to get cheap college loans has benefited the nation by a more educated and competative pool of workers.

    Admittedly not everyone is college material and those that are not should be attending trade schools or tech schools for career development, but are admitted into college where they flunk out before graduation. This is a great waste of resources, but is not the fault of govt. gauranteed loans, but low college admittance standards.

    I remember when I entered college (won’t say how many years ago) standard were high and only a small percentage of applicants were admitted. Raise the standards back to where they were and tuition costs will drop.

    This article is just another Beck and Company false flag hack job designed simply to infuriate his blind followers.

    Report Post »  
    • Inlightofthings
      Posted on February 7, 2012 at 6:19am

      DASS,
      It seems I consistently hear we are more educated, less intelligent and less competitive. A stark contrast to your points. And with the default rate on college loans increasing 25% in just the last 4 years, how have “cheap college loans benefitted”…anyone? Same scenario that housing legislation created by providing monies for homes to people that could not afford them exists here. Make loans available to people to get an education they will never use, or be able to pay back.

      Report Post »  
    • Inlightofthings
      Posted on February 7, 2012 at 6:21am

      DASS
      I’m suspicious of anyone that opens a statement with “Biden was right”….

      Report Post »  
    • BSdetector
      Posted on February 7, 2012 at 9:07am

      @smartass
      Too bad you didn’t learn anything about Economics in college. When you have stupid people being heavily subsidized for stupid degrees, NO ONE benefits.

      Here are some real gems:
      Under water basket weaving
      Star Trek studies
      Ufology
      Parapsychology
      Queer Musicology
      Surfing Studies
      and many, many more.

      I bet you agree with a lot of what Biden says, and it actually says more about YOU than anything else…

      Report Post » BSdetector  
  • stage9
    Posted on February 6, 2012 at 11:38pm

    I wouldn’t put too much stock in anything Biden says. I‘m still convinced he dresses in women’s lingerie at home.

    Report Post » stage9  
  • colt1860
    Posted on February 6, 2012 at 11:26pm

    This notion that everyone must go to college is nonsense. No one is entitled to a college degree, nor does anyone have a right to be accepted into college. College is a privilege, and it’s not for everyone. Abraham Lincoln was among the poorest when he was young, living in dirt floors, out in the woods, having to hunt for his food, making his own clothes, and having to travel two hours just to borrow a book. Yet, he became one of the best lawyers in Illinois, respected figure and eventually the sixteenth President of the US. Individual liberty and personal responsibility is what helped Lincoln best. He worked hard, set goals, went after them, and did the right things in his life. He did not cry to the Government or blame society, but did only what he could do, and that is use his natural gifts, learned skills, talents, and God-given rights. I don’t recall which founding father, but one of them, had a similar journey. His father had two jobs so that he could be sent to college. His father worked hard, earned money, and saved money so that his son would be able to attend a good college. He also taught his son to read very well at an early age, at home, and to comprehend what was being read. The federal Government fiercely interfering in Education has corrupted and destroyed our once held high standards and excellent graduating students. Years ago, students would work to go to college, and thus have enough working experience to be hired after graduation.

    Report Post »  
    • A Doctors Labor Is Not My Right
      Posted on February 6, 2012 at 11:41pm

      @colt1860,

      “This notion that everyone must go to college is nonsense. No one is entitled to a college degree, nor does anyone have a right to be accepted into college. College is a privilege, and it’s not for everyone.”

      Agreed.

      Not only that, but competition among teachers would actually LOWER the cost for education.

      Further still, government mandated licensing and education requirements create barriers to entry for teachers who would be just fine specializing in one subject.

      Businesses wouldn’t need a piece of paper to guage the benefits of this or that applicant, they could administer tests themselves. And then applicants who don’t meet all of the job skill requirements can ask to be hired for less to specialize at a particular task until the business owner finds a suitable replacement.

      Ron Paul 2012!

      Report Post »  
  • garyM
    Posted on February 6, 2012 at 11:20pm

    Joe just repeats the conversation he heard at the bar the night before!

    Report Post »  
  • soybomb315
    Posted on February 6, 2012 at 11:06pm

    fyi – as far as i know, ron paul is the only candidate who has had the courage to say that this was happening. In the end, he is usually proven correct

    That is why we paulbots defend him so much

    Report Post » soybomb315  
    • A Doctors Labor Is Not My Right
      Posted on February 6, 2012 at 11:30pm

      Yes, this is what Ron Paul says all the time at the debates: When government intervenes ANYWHERE in the market, prices become higher than they would otherwise be in a free market.

      If government tries to “create jobs”, it causes unemployment because it now costs producers more than the real market price to higher unskilled labor, so this prices unskilled labor out of the market.

      If government tries to get people housing, it’s the same thing: there is a market price for housing, and only a free market will allow the competition required for housing prices to come down.

      Not only that, but it’s government regulations that keep innovators from entering the industry; and it’s government protections, such as having a printing press as a Lender of Last Resort, that creates moral hazard: if people have to be careful with others’ money because they will lose their own when investors choose to sell, then they’re not going to be as risky.

      Government cannot help the economy – it has always been the SOURCE of economic destruction.

      Ron Paul 2012!

      (And what the hell happened with Nevada’s Clark County votes? Ron Paul may have won Nevada instead of Romney.)

      Report Post »  
    • soybomb315
      Posted on February 7, 2012 at 12:12am

      If there was any question whether paul/schiff/etc were making a difference in this country – this is it. There is no way these thoughts would have even entered a mainstream politician’s head unless our folk had not beat it into peoples heads the last 4 years. The great awakening is ongoing

      Report Post » soybomb315  
  • oldironsides
    Posted on February 6, 2012 at 11:02pm

    “It’s a conundrum here” – we want the government to pay for everything so we can control everything, but the damn market forces of the economy just won’t stay still. If we could just nationalize the institutions of business, and education is big business, we could fix prices and what we are trying to accomplish would be so much easier. I think congress should just give us the power to streamline things….

    Report Post »  
  • spirited
    Posted on February 6, 2012 at 11:02pm

    Isn’t that how Obama plans to build the real civilian malitia???

    ;$^\>Two years of “community service” will negate having to pay back the entire school/bank loan.

    Report Post » spirited  
  • imsteph
    Posted on February 6, 2012 at 11:00pm

    can of similac formula when we had our first child-5.99-6.99.
    price when our second child was born almost three years later, 10.99
    when our third was born….12.99

    yep even a program that is suppose to help (wic) drives prices up for everyone.

    Report Post » imsteph  
  • TPartyXpress
    Posted on February 6, 2012 at 10:52pm

    He has what is known as the IQ of a doorstop.

    Report Post » TPartyXpress  
  • lukerw
    Posted on February 6, 2012 at 10:51pm

    Joe’s problem is… there are so many Lies… that he cannot remember them all!

    Report Post » lukerw  
  • The-Monk
    Posted on February 6, 2012 at 10:51pm

    Good old Joe… always making so much sense while spending gazillions of cents. How bout the guy in the wheel chair stand up and give him some applause? Goooo Jooooe… and take Obama with you. Al Gore says that Siberia is nice this time of year!

    Report Post » The-Monk  
  • JJBlazeReader
    Posted on February 6, 2012 at 10:50pm

    ..
    Joe Biden – Mr. gaffe-o-matic
    ..

    Report Post » JJBlazeReader  
  • SpankDaMonkey
    Posted on February 6, 2012 at 10:50pm

    .
    I bet the inside of Joe’s head looks like a room full of bouncing balls……….

    Report Post » SpankDaMonkey  
  • BODYBAG
    Posted on February 6, 2012 at 10:47pm

    BUWAA HAAAA HAAAAA

    Who voted for these boneheads?
    This guy is an insult to sleazy used car salesmen.

    Report Post » BODYBAG  
    • GeorgieJo
      Posted on February 6, 2012 at 10:56pm

      SHOCKER JOE!!!!
      As you famously said “BFD” regarding ObummerCare

      OMG in 2012!!!!!!!!!!!!

      Report Post »  
  • rsanchez1
    Posted on February 6, 2012 at 10:47pm

    Biden sometimes has lucid moments, not completely lucid here though. I like how he says there would be 9 million fewer students. It’s like when he says Obama “saved” 3 million jobs.

    I just wish Democrats would stop playing the numbers game and face up to the fact that we can’t afford everything. We couldn’t afford to put everyone in houses. Democrats kept touting how their programs put so many families in houses, and now the housing market has crashed so thoroughly that entire neighborhoods are empty in some cities. Now they’re touting how their policies are putting millions of people in college. There are statistics showing that this isn’t necessarily helping our young people. They graduate and still can‘t compete for jobs unless they spend even more taxpayer money getting a master’s/doctorate degree. Pell Grants can’t possibly keep up with tuition costs without stretching the budget severely. Scholarships aren’t keeping up with costs for all students. More and more students are leaving college with crushing student loan debts because the Democrats promised them they could go to college but their manipulation of the college tuition market has put prices beyond reach. Democrats won’t wake up, and they won’t allow students to wake up to the grim situation facing them when the education bubble utterly collapses.

    Report Post »  
  • TriforcePlayer2
    Posted on February 6, 2012 at 10:40pm

    really Joe0_0

    Report Post » TriforcePlayer2  
  • TRONINTHEMORNING
    Posted on February 6, 2012 at 10:32pm

    Biden is such an idiot; Obama is such a puppet of evil. Libs are either really stupid and lazy or they are voraciously evil. Both brands are among us. We really need to send these monsters packing.

    Report Post »  
    • DRSAVAGE24
      Posted on February 6, 2012 at 10:41pm

      Guaranteed that student was a Ron Paul supporter. He might as well have been quoting Ron Paul or Peter Schiff with that question, and he’s absolutely right. Government subsidies drive up prices. Everywhere government is involved prices are higher than they would be if it were not involved….housing, health care, education…and Biden is wrong that there would be fewer college students without subsidies. College would be more affordable because schools would have to decrease tuition costs. If there would be less students, is that necessarily a bad thing? Some people aren’t cut out for college and can make a great living for themselves with just their high school diploma. Shoving everyone through college cheapens the degree and it pushes kids who don‘t belong there in the first place deep into debt with a diploma that doesn’t help them find a job.

      Report Post »  
  • Abraham Young
    Posted on February 6, 2012 at 10:31pm

    Ah, another socialist economist in the white house. All these vermin who live off the people, who at some level have to know that when you pour the liquor of government entitlements, you will have many drunks who can no longer think their way out of an economic paper bag.

    Buy, read, and use, “The Road to Serfdom”. It’s a blueprint for the progressive governments we have lived through.

    Hayek, Peter Schiff, Adam Smith, Henry Hazlitt. You need to inform yourselves and teach your children well.

    Get “How an Economy Grows and Why it Crashes”.

    And get “Crashproof 2.0″

    Report Post »  
    • TSUNAMI-22
      Posted on February 6, 2012 at 10:37pm

      Schiff is smart. He tends to go on and on, but he makes good fiscal sense. Sort of like Ron Paul.

      Report Post »  
    • The-Monk
      Posted on February 6, 2012 at 11:01pm

      @TSUNAMI-22
      Living dangerously again I see? Stepping on the toes of Paulites is like, well…. like, stepping on the sandal wearing toes of a Paulite who decides to crash a Gingrich party. { :>) Ouch!

      Report Post » The-Monk  
    • teamgene
      Posted on February 8, 2012 at 11:43pm

      problem with Ron Paul is that he sounds like Timothy Leery when he speaks. He should finish his first thought before starting on the second, third and fourth thought in the same sentence.

      Report Post »  
1 2 3

Sign In To Post Comments! Sign In

Sign Up For Our Newsletter!

Glenn Beck Radio

Listen to Glenn Beck 24/7 Listen Now
Restoring Love