WATCH: Cry Baby Chuck Schumer Just Won THIS ‘Prestigious’ Democrat Award- Check This Out

Sassy Liberty AMERICA’S FREEDOM FIGHTERS –

For his complete and total lack of understanding of simple economics, Democratic New York Senator and resident crybaby Chuck Schumer was named “Porker of the Year” for 2016 by the organization known as – Citizens Against Government Waste. CAGW is a government spending watchdog group.

Schumer was awarded the auspicious prize for his dubious plan to provide so-called “free” college education for all Americans.  The concept that seems to miss Schumer completely is that there is no such thing as “free.”  Education costs money, be it in teacher salary, materials, books, labs, or whatever else is needed.  There is no such thing as a free lunch.  The money comes from somewhere and all Schumer’s failure to understand basic economics would have accomplished is to make the college debt crisis even worse.

take our poll - story continues below

Whom do you consider to be the most corrupt Democrat Politician?

  • Whom do you consider to be the most corrupt Democrat Politician?  

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to AFF updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

In a press release, CAGW stated –

ADVERTISEMENT - STORY CONTINUES BELOW

The top spot goes to Sen. Chuck Schumer, for his complete lack of understanding of the student loan bubble and promoting policies that would worsen the current crisis. That is why taxpayers named him the 2016 Porker of the Year.”

Schumer beat out six other wasteful congressmen who were guilty of bureaucratic mismanagement, financing wasteful pipe dreams, and promoting patently flawed policies to win the illustrious title. By a landslide margin, the DIShonor went to Senate Minority Leader Chuck Schumer with 58 % of the vote. The group says that Schumer’s proposed legislation would “exacerbate rather than resolve the student loan crisis.”

According to CAGW

ADVERTISEMENT - STORY CONTINUES BELOW

Sen. Schumer was named August Porker of the Month for his leading role in the effort to create supposedly “debt free” college for all students, which would exacerbate rather than resolve the student loan crisis.  According to the Federal Reserve Bank of New York, student loan debt hit an all-time high of $1.27 trillion in Q3 2016.  The cause of this dramatic increase in student loan debt is increased federal government subsidies.  Over the past decade, there has been a 69 percent increase in students borrowing from federal loan programs.  The federal government now provides 71 percent of all student aid.  The consequential increase in student access to credit enables colleges and universities to continue to hike prices, which necessitates more loan borrowing.  Tuition costs have increased by 153 percent over the last three decades for private colleges and 231 percent for public universities, faster than prices for both food and healthcare.

Schumer himself gave this out of touch and utterly baffling assessment on February 12, 2016, stating –

A Ford and a college education used to be the same price, but these days an education at NYU costs $60,000 a year, compared to $20,000 for a Ford today.

Chucky?  Perhaps math and economics aren’t your shtick so let’s leave it to those who know what they are talking about shall we?

ADVERTISEMENT - STORY CONTINUES BELOW

His silly comparison between the open and highly competitive auto market and the closed and heavily subsidized higher education sector lays bare his flawed knowledge of how government intervention hurts students.  Schumer has never met a government intervention that he did not like. His bill, S. 2677, the In the Red Act, follows this ridiculously flawed reasoning.  It would continue the vicious cycle of increased subsidies and higher loans that have already saddled America’s next generation with mountainous debt and little to show for it in return.

God Bless.

Here’s How To Be Sure To Continue Seeing Our Content On Facebook

TOGETHER WE WILL MAKE AMERICA GREAT AGAIN!

Dean James III% AMERICA’S FREEDOM FIGHTERS

Please like and share on Facebook and Twitter!

Facebook Has Banned Us!

The leftists at Facebook decided they didn’t like our message, so they removed our page and are censoring us. Help us fight back and subscribe to our newsletter so that you can stay up-to-date with everything Facebook doesn’t want you to see!


Facebook Comments