“I’ve got Doctor Euthanasia’s home number for that eventuality.” – Absolutely Fabulous

They should thank their student loans – I don’t think they could ever repay them.
I had another theme picked for today, but that’s okay – it can wait for a few posts. It’ll keep. But when I heard that Joe Biden was planning on relieving up to $10,000 in student debt for all borrowers that make less than $125,000, I was astonished.
The late genius P.J. O’Rourke described exactly this situation:
“I have only one firm belief about the American political system, and that is this: God is a Republican and Santa Claus is a Democrat. God is an elderly or, at any rate, middle-aged male, a stern fellow, patriarchal rather than paternal and a great believer in rules and regulations. He holds men strictly accountable for their actions. He has little apparent concern for the material well-being of the disadvantaged. He is politically connected, socially powerful and holds the mortgage on virtually everything in the world. God is difficult. God is unsentimental. It is very hard to get into God’s heavenly country club.
“Santa Claus is another matter. He’s cute. He’s nonthreatening. He’s always cheerful. And he loves animals. He may know who’s been naughty and who’s been nice, but he never does anything about it. He gives everyone everything they want without thought of a quid pro quo. He works hard for charities, and he’s famously generous to the poor. Santa Claus is preferable to God in every way but one: There is no such thing as Santa Claus.”
First, $10,000 doesn’t sound like all that much, right? Further, that would wipe out entirely all the debt from about a third of the borrowers. So, I pulled out my calculator. A third of 45,000,000 is 15,000,000 people, who presumably vote. Assuming that their average debt . . .
That’s $90 billion. Ugh! Some people work a whole year and don’t make that much money. I checked the numbers again, and was, like, um, that’s right. So what about the other two-thirds?
I assumed that some of them made more than $125,000 a year – Biden’s cut-off for his “gift”. I decided to play it conservatively – assume that only 25,000,000 people would get the full $10,000 airdropped into their lives. That’s another $250 billion.
Altogether, that’s $340 billion. $340,000,000,000.
This is an astonishing sum for someone to just give away as free money. And forget the moral hazard associated with doing this – paying debts is honorable, especially when everyone else is required to. You’re not a loan.

I guess someone didn’t get the Barbie® they were looking for from Santa Biden.
But since (spins wheel) at least Bush II (and you could argue Nixon was on the bandwagon, too), the competition by presidents of either party has been to shovel the most money out the door to people as fast as they could in year two of their presidency to juice the economy so all the cylinders would be pumping when their next election hit. And since they only have two terms, who cares what happens then?
People vote in favor of good economies, so a good economy going into the 2024 election will help get votes.
Originally, that $340,000,000,000 bought a lot of nonfat vanilla lattes on the way to Introduction to Feminist Non-Binary Ancient Indigenous Australian Literature 201 at good old We Have A Climbing Wall University. I’m betting that $340,000,000,000 will buy a lot of votes from the graduate-level baristas that took that class.
What will be the result of all of that extra cash floating around the economy?

It does look like it will be tax free . . . but I’m betting lots of those folks wouldn’t cheat on their taxes, I mean, what kind of example would that be for their 23 dependents?
It’s hard to tell. Normally, I’d say almost certain inflation. I think that even Biden is dimly aware that all of the previous inflation has destroyed the housing market – sales are down over 20% from last year. That destroys a lot of value. And if the market drops?
The bigger question is this: giving a single politician the unilateral authority to make multibillion-dollar decisions on a whim is madness. It turns the executive into a king, handing out largess to whoever he feels like. I mean, if Biden remembers.
But what other powers does a king have?
The power of death. And that’s in play up in Canada.

3.3% of deaths? Those are rookie numbers, Canada!
They are rookie numbers, and Canada is doing its best to pump them up. Remember, coffee is only for closers. And Canada wants to be a closer. Read a headline the other day – a Canadian veteran has PTSD. Doctor’s suggestion?

In Canada, if you’re feeling suicidal, apparently the authorities want you to get help. As in someone to help you kill yourself.
Yup, Canada suggested he run away to go live on a farm where he can run and play, like all those goldfish I had as a kid. Except in this case, if you go to a doctor because you have a cold, they’ll suggest, without you asking, if you want to have a dirt nap instead. Okay, not a cold. But PTSD.
I can’t imagine why they’re suggesting that. Perhaps it’s because it’s cheaper to bury someone than to give them “free” healthcare?

Suicide? That’s the last thing I’d ever do.
Oddly, it turns out that when people have goals, values, and the prospect of a decent life ahead of them, euthanasia is an idea that doesn’t sound so good.

Except to them. And if it’s you dying.

Huh, somehow they no longer sound like Santa. Because? He isn’t real. If you want to know how they really feel, re-read the Tweet® above.























































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