What Does It Mean When Joe Biden Agrees with You?

I’ve maintained for a long time that part of the reason college costs are increasing well above the inflation rate is government subsidies.  Colleges find out how much the government is willing to give out in loans, etc., and raise fees accordingly.

Now, even Vice President Joe Biden admits that’s the case, though he won’t go so far as to say that’s a bad thing.

“By the way, government subsidies have impacted upon rising tuition costs. It’s a conundrum here,” Biden said to a student who asked about the government’s intervention in the free market system.

Read the full text of the conversation between Biden and a Florida State University Student here.

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About Mystic Cowgirl

I worked overseas in the aid game for longer than I'd like to admit and learned several important things: 1) Third World countries aren't poor because America is rich. They're impoverished due to socialist governments that provide neither rule of law nor basic infrastructures; 2) These socialist governments redistribute wealth from taxpayers to the government workers. There's no benefit to the poor or downtrodden, and certainly not to the general welfare in terms of infrastructure improvements. 3) America is moving toward the Third World model. Rule of law has been subverted because equality under the law is disappearing as special interests carve out exemptions to regulations and special favors under the law. The redistribution of wealth to government began decades ago -- total compensation for government employees now outpaces salaries in the private sector.
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One Response to What Does It Mean When Joe Biden Agrees with You?

  1. oliver says:

    It means from time to time, the sun shines on a dog’s ass.

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