The idea of “student loan forgiveness for entrepreneurs” is something I noticed 10 years ago during Hillary Clinton’s uninspired campaign for president, even before Trump entered the arena as a serious candidate.
Looking at a few search-engine hits filtered for only 2015, and I see the following article. There are a few other derivative articles with same idea.
But basically the idea of this group of young “entrepreneurs” who were saddled by student loans deserved special government attention. Especially from the Clinton campaign.
Kind of weird, but they had a campaign full of weird shit, like Russian Drone submarines, or a no-fly zone over Syria, or the declaration that universal health-care “will never ever happen.”
But then 4 years later after Clinton was humiliated, we have her heir-apparent Kamala Harris talking about the same oddly specific policy: “According to her plan, Harris intends to give student loan debt forgiveness to Pell grant recipients who successfully open businesses in underserved communities and operate those businesses for three years.”
And now it’s 4 years later, and we have a very old representative of New York City, Nydia Velázquez introducing the same policy!
https://democrats-smallbusiness.house.gov/news/documentsingle.aspx?DocumentID=4769
Who the fuck is pushing this policy? Who is it for? Why are Democratic Politicians so fixated on this fucking worthless extremely narrowly targeted policy? It’s been 10 years, and this policy keeps coming back almost as a slogan. Why?!
It’s got enough esoteric requirements that it won’t accomplish anything, but it’s got a thin candy shell of pretending it might. Anyone who points out that it’s designed basically to say they did something without doing anything can be branded as purity testing and hating fledgling entepreneurs and minority communities.
And if passed, centrists will coast on it until the wheels fall off instead of taking the next iNcReMeNtAl step.