Watch: CNN host struggles to understand that student loan forgiveness drives up inflation and hurts everyone

President Joe Biden has finally delivered on one of his campaign promises to provide $10,000 in student debt “relief” while ignoring another: making sure all his policies are paid for.

CNN’s Poppy Harlow attempted to have a discussion, one she was clearly not ready for, with John Hopkins University economic professor Marc Goldwein on the student loan decision.

Harlow asserts that inflation is so high that any new inflation would be unnoticed, while Goldwein attempts to explain to her how wrong her premise is and how this policy will have ripple effects across the American economy.

Watch:

 

Dale Jackson is a contributing writer to Yellowhammer News and hosts a talk show from 5-9AM weekdays on WVNN and on Talk 99.5 from 10AM to noon.

Recent in Analysis

7. Alabama basketball coach Nate Oats addressed the Aden Holloway arrest by saying now is not the time to ignore a kid you’ve built a real relationship with, emphasizing support and standards in the program, leaving the door open to him returning to the team. 6. Alabama’s congressional delegation led a U.S. House floor tribute […]

7. A bill advanced in the Alabama Senate allowing CHOOSE Act students to sue the AHSAA for discrimination if denied participation in high school sports aims to resolve eligibility disputes and ensure equal access for private and homeschool participants in extracurricular activities. 6. A University of Alabama student went missing in Barcelona after a night […]