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Nancy Pelosi admits Joe Biden cannot forgive student loan debt by Executive Order

July 29, 2021

Democrats have been promising to make college free to everybody and to also forgive student loan debt on those who are struggling to pay for the costs of higher education, but to date the Democrats have been unable to deliver on this promise.

Because of this some Democrats, such as Chuck Schumer and Elizabeth Warren, have been urging Joe Biden to use his pen and his phone to forgive student loan debt by Executive Order. But suddenly Nancy Pelosi of all people has stepped up to remind the Democrats that the President does not have this power.

President Joe Biden does not have the power to cancel student loan debt, Speaker of the House and Democratic California Rep. Nancy Pelosi said.

“People think that the President of the United States has the power for debt forgiveness. He does not. He can postpone. He can delay. But he does not have that power. That has to be an act of Congress,” Pelosi said during a Wednesday press conference at the Capitol.

She even went on to make an argument that sounded eerily like the argument the right has been making on this issue, and other issues as well for that matter.

“Suppose your [child] decided they do not want to go to college. But you’re paying taxes to forgive somebody else’s obligations. You may not be happy about that,” she said.

So what gives? If Nancy Pelosi cares so much about those struggling with student loan debt why is she suddenly unwilling to use all the tools in Joe Biden’s toolbox? The truth is that none of the politicians care about the plebeians, this issue, as well as most others, is what would be called in the classic era of Hollywood a MacGuffin.

It is something that drives the narrative but is unimportant to the actual players involved. Student loan debt is something that is held over people’s heads to drive the narrative during an election year. It is used as an election issue by the Democrats to help them retain or regain power and if they actually did something about it they would no longer be able to promise to do something about it at election time.

3 Comments leave one →
  1. peter3nj permalink
    July 29, 2021 8:16 am

    Well gee whiz people, what counts is Ol’ Joe wants to forgive the loans and since feelings not actions are what matters wok students everywhere feel a though they’re not really saddled with working for the next 30 years to pay off that degree in Social Justice Basket Weaving. Here’s an analogy: a 19 undergrad girl-oops-person born female is banging her 45 year old married with four kids psych professor. He wants to divorce his Divorce Lawyer wife of 20 years but…well you get the picture. So while he wants to divorce her and marry his baby broccoli girlfriend he just can’t but she knows he wants to and feelings are what counts so she gladly continues to play hide the sausage with her professor.

    Liked by 2 people

  2. July 29, 2021 9:21 am

    The Dems have the kiddie vote anyway…. plus I doubt she wants to have this embarrassment coming due with a court ruling…but what do I know. Maybe she thinks Biden is getting a little frisky and not following direction.

    Liked by 2 people

    • July 30, 2021 4:53 am

      Good point, they know they have the young vote so they don’t really have to follow through with this. They can keep enticing them with the carrot and never fulfil the promise and it will not matter.

      Liked by 1 person

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