KNAPP: Biden wants welfare for the wealthy? What else is new?
In Joe Biden’s “Emergency Action Plan to Save the Economy,” the president-elect proposes to “[f]orgive a minimum of $10,000 per person of federal student loans.” Wait, some protest. That would be a subsidy for the more well-off, at the expense of the less well-off. They have a point. “[D]ebt relief overall, the New York Times notices, “would disproportionately benefit middle- to upper-class college graduates … especially those who attended elite and expensive institutions, and people with lucrative professional credentials like law […]
