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President Biden does the opposite of the mythical Robin Hood by “stealing[bing] the poor to pay the rich” by unilaterally paying $300 billion to student debtors who will be paid by taxpayers who have not attended college or who have repaid their loans responsibly, Jesse Watters said Wednesday on “The Five”.
“I just want to congratulate all the wealthy white college graduates living on the coasts making six figures. You truly are the forgotten men and women of this country,” Watters said. “And you finally have a president who feels your pain.”
Watters said many people who will have their loans wiped out by the US taxpayer earn around $125,000 a year, adding that some of the logic behind the stated need for unilateral action is flawed.
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“For Liz Warren, if this is a historic economy we’ve never seen before why are people even living in their basements struggling with student debt who can’t start a business It doesn’t make any sense,” he said. said.
“You can’t loot the treasury and then write checks to your favorite constituents. Where did Biden get the power as president to spend half a trillion dollars? That’s the job of Congress.”
Watters said Biden was essentially ‘stealing’ Pelosi’s purse and bribing her base ahead of a key election – pointing out that Speaker Pelosi herself said in 2021 that only Congress could do such a thing under the Constitution .
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“It’s a reverse class war. It’s like you’re robbing the poor to pay the rich. You’re going to ask a plumber’s family to pay off the loan of a graduate student family who earn a quarter of a million dollars a year – Why should I pay or should someone pay for my neighbor’s graduate degree?” He asked.
“You know, you look across the street, you see your neighbor’s daughter. She just backed into your mailbox. She’s always been an idiot. And now you have to pay for her to get a higher degree in Estonian poetry. I mean, it doesn’t make any sense at all.”
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Watters predicted that Biden’s action would be the first in an endless series of donations to white-collar liberals, with the amount distributed growing exponentially each time.
“It will never stop. And then people will continue to borrow and go to these schools, because that’s what it’s about. It’s about getting more students into those universities where they’ll be indoctrinated by the left. it’s really now.”
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Watters also disagreed with Biden’s defense that Republican tax cuts have left out these white-collar debtors, pointing out that everyone who pays taxes by definition gets a tax cut. ‘tax.
“It’s not like Donald Trump cut men’s taxes in the swing states of Ohio, Florida and North Carolina three months before the midterm elections. It’s not that he did,” Watters said. “Everyone got a tax cut across the board. He didn’t transfer wealth to pay off people’s loans.”