Opinion: Biden’s Student Loan Victory Fits Well With History

The cost of higher education is soared For four decades and for Americans who have been crushed under the weight of student loans, Biden’s move is a big deal. “It’s about giving people a fair chance and the possibility of being the one word that defines America,” the president said. Said.

Biden’s executive order elicited the expected response. Many Republicans lashed out at the plan as a radical move. “President Biden’s Student Loan Socialism means every family who sacrificed their savings to go to college, every graduate who paid off their debts, chose a particular career path or decided to serve in our military.” It’s a slap in the face to all Americans who volunteered for debt,” said Senate Minority Leader Mitch McConnell.

Several Centrist Democratic Party criticized the plan on the basis that exacerbate inflationProgressive Democrats, meanwhile, welcomed the change, but criticized Mr. Biden for not doing enough to cope with his student-loan burden. ‘We have to do more’ Said Vermont Senator Bernie Sanders. “In a time of acute income and wealth inequality, pre-primary to postgraduate education must be a fundamental right for all, not a privilege for the wealthy few.”

As with most of his policy decisions, Biden has continued the tradition of liberal Democratic presidents who put forward bold ideas before settling on gradual policy outcomes. As we have seen in law, Biden has avoided making perfection the enemy of good. He achieved long-sought Democratic goals, such as allowing the federal government to negotiate the price of some drugs under Medicare. He built his program on the hope that if the Democrats moved something through the Capitol, it would lay the groundwork for much more in the future.

For the most part, the history of modern Democratic presidents has been shaped by this story.Endorsed by President Franklin D. Roosevelt social insurance system Such as social security and unemployment compensation in the 1930s. However, these programs excluded many categories of workers, including: disproportionate number of black Americans.
Once these programs are in place, FDR will grow in popularity. Expand your benefits to more Americans. When he signed the bill in 1935, Roosevelt Said The law “represents the cornerstone of a building under construction, but it is by no means complete”. now almost universal.
President Lyndon Johnson followed a similar path. Prior to his presidency, Johnson promoted a watered-down policy as Senate Majority Leader. Civil Rights Bill of 1957 Most activists believe it to be a betrayal of the cause, seemingly dealing with racial injustice without doing anything because it is ineffective and weak.
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As Robert Caro said in his book Master of the Senate, Johnson countered that if one civil rights bill could be passed in the racist Southern Democrat-dominated Senate, , argued that it would create the next bill. Precedent for doing more down the line. Once Johnson entered the White House, he was able to push his landmark 1964 Civil Rights Act and his 1965 Voting Rights Act in the House and Senate.
and given political influence It followed President Harry Truman’s unsuccessful attempt to establish a national health insurance system.

The pragmatic liberal presidential tradition has both advantages and disadvantages. Presidents who adopt this strategy can certainly claim substantial legacy-building success. And to their credit, many of these programs, like Medicaid, have grown enormously and laid the groundwork for future reforms.

Considering the Senate is 50-50 today, it’s amazing that Biden can promote so many new policy initiatives. But progressive critics are not always wrong. A cautious approach does not always align with historical reality in the hope that Congress will expand or build programs in the future. Windows may be closed – sometimes completely.

Let’s take the example of Medicare. When it passed in 1965, proponents of the restrictive approach believed it would eventually. Create support for a single payment system for all Americans. President Barack Obama was able to pass the Affordable Care Act in 2010, but a conservative shift to the right, which can be traced back to the Reagan era, means National Health Insurance will never happen. was

Candidates love to talk about all the things they accomplish, but the hard reality is Capitol Hill is always a difficult place to operate. Democratic presidents seeking to expand the reach of the federal government in a tumultuous situation in Congress are constantly forced to consider this dilemma.

No doubt Biden will spend time celebrating his progress in recent months. Did it start the process, or did it provide a temporary solution that left the underlying disease untreated?

Source: www.cnn.com

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