WHITE HOUSE: Student debt is good for the economy

[David Horn]

(07-27-2016, 03:15 PM)Anthony Wrote: Student debt is good for the economy?

This is the most ridiculous thing I have heard since liberal Republican senator Edward Brooke of Massachusetts stated, when I was about 10 years old, that deficit spending is good for the economy because it increases the gross national product.

Brooke was right.  Deficit spending is why we had a glorious economy until the green eyeshade misers took charge.  Student debt, on the other hand, is a drag on the economy.  Unlike Uncle Sam, students don't create money out of thin air, nor do they drive inflation.  No inflation is bad, and deficit spending helps to create inflation.