Tucker: A generation of Americans enslaved to debt

Tucker: A generation of Americans enslaved to debt


THAT HALF OF MILLENNIALS DISTRESS CAPITALISM. 70% OF MILLENNIALS BE WILLING TO VOTE FOR A SOCIALIST. IF YOU WANT SHOCKED BY THIS, IT’S BECAUSE YOU HAVE SEEN IT BEFORE. POLLS LIKE THIS APPEAR TO BE EVERYWHERE ALL OF A SUDDEN. THAT OUGHT TO SCARE YOU. IT’S TAKING THIS 250 YEARS TO BUILD THIS COUNTRY. WE CAN WRECK IT IN A SINGLE GENERATION. AT THIS RATE, WE WILL. POLLS LIKE THIS PREDICT A LOOMING DISASTER. IN ORDER TO PREVENT THAT, WE NEED TO BE CLEAR ABOUT WHAT HAS GONE WRONG. YOU OFTEN HEAR IT SAID THAT YOUNG PEOPLE SUPPORT SOCIALISM BECAUSE THEY HAVE BEEN BRAINWASHED BY THEIR PROFESSORS. OF COURSE, THERE IS TRUTH TO THAT. IF YOU’VE GOT KIDS IN COLLEGE, WE LET THE MOST VITAL JOB IN AMERICA, EDUCATING THE NEXT GENERATION OF CITIZENS, TO SOME OF THE MOST MEDIOCRE PEOPLE IN SOCIETY. THAT’S A HUGE PROBLEM. WE NEED TO FIX IT. BUT BELIEVE IT OR NOT, IT’S NOT THE MAIN PROBLEM. THE MAIN PROBLEM, THE REASON THAT CAPITALISM INCREASINGLY IS DISCREDITED AND SOCIALISM IS INCREASINGLY POPULAR, IS THAT OUR CURRENT SYSTEM IS MAKING YOUNG PEOPLE POOR. GO TO COLLEGE, YOU’LL BE SUCCESSFUL IF YOU DO. BUT TOO OFTEN, THAT ADVICE IS OUTDATED, IF NOT AN UTTER LIE. HUGE NUMBERS OF OUR KIDS WIND UP IN IMPOVERISHED BY THE EXPERIENCE OF COLLEGE, THEIR DREAMS AFFORDED FOREVER. THE REASON FOR THAT IS DEBT. 45 MILLION AMERICANS NOW LABOR UNDER STUDENT LOANS BY THE AVERAGE DEBT BURDEN IS $37,000 PER PERSON. THAT’S THE PRICE OF A BRAND-NEW CAR. IMAGINE STARTING YOUR FIRST JOB WITH THAT HANGING OVER YOU. KEEP IN MIND, COLLEGE DEBT ISN’T LIKE ORDINARY DEBT THANKS TO WELL-FUNDED LOBBYING CAMPAIGNS, STUDENT LOANS CANNOT BE ERASED BY BANKRUPTCY. THEY LAST FOREVER. MANY OF TODAY’S COLLEGE FRESHMEN CAN EXPECT TO SPEND THEIR WORKING LIVES INTEREST ON LOANS IN THE END THAT DIDN’T HELP THEM AT ALL. NO WONDER YOUNG PEOPLE AREN’T GETTING MARRIED OR BUYING HOMES OR HAVING CHILDREN. THEY CAN’T AFFORD TO. AND NO WONDER SO MANY OF THEM SUPPORT BERNIE SANDERS AND LISBETH WARREN. IF THIS IS CAPITALISM, THEY DON’T WANT ANY PART OF IT. THE IRONY, OF COURSE, IS THE ONLY PEOPLE BENEFITING FROM THIS CURRENT SYSTEM ARE ON THE FAR LEFT, THE COLLEGE PRESIDENTS WITH MULTIMILLION DOLLAR SALARIES. THE AUTHORITARIAN UNIVERSITY ADMINISTRATORS AND THE SUDDENLY UBIQUITOUS DIVERSITY AND INCLUSION OFFICES. THE TENURED PRESSERS DOWN THE PROFESSORS OF NONBINARY FEMINIST POETRY AND OTHER FAKE ACADEMIC DISCIPLINES. WITHOUT QUESTION THE LEAST IMPRESSIVE PEOPLE IN THIS COUNTRY. AND YET THEY ARE THE ONLY ONES COMING OUT AHEAD OF THE DEAL. THEY ARE FEASTING ON OUR CHILDREN’S DEBT. AN ENTIRE GENERATION OF AMERICANS ENSLAVED TO INTEREST PAYMENTS SO THAT A SMALL NUMBER OF LEFT-WING ACADEMICS CAN HAVE LIFETIME EMPLOYMENT MAKING THIS COUNTRY WORSE. THAT’S THE ARRANGEMENT WE’VE STRUCK. AND FOR THE REST OF US? SOCIALISM FOR THAT’S WHAT WE ARE GOING TO GET OUT OF IT IN REACTION TO IT. THERE’S GOT TO BE A BETTER WAY TO DO THINGS. SOME ON THE LEFT PROPOSE FOR GIVING STUDENT LOANS ENTIRELY, WHICH IS TO SAY STICKING AMERICAN TAXPAYERS WITH THE BILL FOR ALL OF THIS. IF THERE IS ONE THING THAT CAN MAKE A TERRIBLE SITUATION EVEN WORSE, IT’S THAT. TAXPAYERS DIDN’T CAUSE THIS PROBLEM HERE THEY SHOULDN’T BE PUNISHED ANYMORE THAN THEY ALREADY HAVE BEEN. THE CORRUPT HIGHER EDUCATION ESTABLISHMENT CONCOCTED THIS SCAM. THEY SHOULD PAY TO FIX IT. HARVARD’S ENDOWMENT IS $40 BILLION. YALE’S ENDOWMENT IS 30 BILLION. LET’S START THERE. WHAT’S CLEAR IS WE NEED TO MOVE THE CRASHING FINANCIAL BURDEN OF STUDENT DEBT OFF THE SHOULDERS OF MIDDLE-CLASS FAMILIES AND 22-YEAR-OLDS AND BACK TO THE PEOPLE WHO HAVE GOTTEN RICH FROM IT. THAT’S AN IDEA THAT EVERY SENSIBLE PERSON CAN SUPPORT. IN FACT, THERE’S A BIG POLITICAL PAYOFF OR ANY POLITICIAN WISE ENOUGH TO ADOPT IT. THE CANDIDATE THAT PROMISES COLLEGES TO EASE THE STUDENT LOAN BURDEN WITHOUT QUESTION WILL BE THE NEXT PRESIDENT OF THE UNITED STATES. IN SAMUEL HAS BEEN A GREAT DEAL OF TIME IN ACADEMIC AMERICA. A FORMER SUPREME COURT CLERK AMONG OTHER THINGS BUT THANK YOU FOR COMING ON. BECAUSE A SMALL GROUP OF GREEDY,

100 thoughts on “Tucker: A generation of Americans enslaved to debt

  1. Another attempt to confuse your low IQ audience. Half your audience is on Social Security, a socialist program. Ask them all if they want to give that up. Or do they want Medicaid our other socialist program stopped. Oh let me guess, this is where they all spout " Venezuela Venezuela" It's as if they can't think but they are programed with talking points that are all wrong. There isn't a one of them who could find Venezuela on a map never mind understand what went wrong with THAT countries economy. Funny how FAUX news viewers have been programmed to think that socialism is communism. Yet they elect a president hand picked by Putin to do his bidding and who is certainly making Russia great again, thanks to trump. Oh is this where you spout Mueller report! Complete exoneration! Is that what trump told you? Well guess what? This may come as a complete shock, he lied. You don't obstruct an investigation if you're innocent.The fact that Pelosi made the bad choice not to impeach at that time, did not mean he was exonerated. She didn't have to wait long to correct it though, the very next day he broke 5 laws again. Laws that again make him compromised by foreign powers & money. This latest brainwashing that if you don't love trump you don't love America? You guys go ahead & drink the Kool Aide. As with all things trump, the opposite is true. Every trump supporter/voter is a traitor. Handing our already great country over to Putin. In 15 years you won't be able to find 5 people who admit they ever supported trump, I promise.

  2. Community college for 2 yrs. at a nominal fee, then state university for bachelors degree.. Deserving students can apply for financial aid at the state college. No reason for a young person to take on burdensome debt.

  3. As a parent, we have been working with our teen to get good grades which will enable her to get free tuition at a 4-year university. She can either live at home and commute an hour there and an hour back or she can get scholarships to cover room and board. Her plan is to graduate debt-free.

  4. If Socialism is so bad for the economy, why do the Scandinavian economies have higher standards of living, life expectancy, worker productivity and per capita GDP than the USA?

  5. If Socialism and Communism are so bad for the economy, why is the GDP of Communist China's economy about to surpass the US economy?

  6. The reason they hate President Trump is that he stands between the socialist political elite and the rest of Americans. I hate the conclusion that these young kids are disillusioned by their debt. They chose the major that they wanted to pursue without the thought of "will this allow me to make a reasonable standard of living". Social studies, personal communication, and other liberal arts majors will not. Do the hard work to set yourself up for a decent life. Work your way though college like a lot of us did with the pay as you go system. Get out of my paycheck!

  7. "The U.S. government’s budget deficit ballooned to nearly $1 trillion in 2019, the Treasury Department announced Friday, as the United States’ fiscal imbalance widened for a fourth consecutive year despite a sustained run of economic growth. The deficit grew $205 billion, or 26 percent, in the past year.

    The country’s worsening fiscal picture runs in sharp contrast to President Trump’s campaign promise to eliminate the federal debt within eight years. The deficit is up nearly 50 percent in the Trump era. Since taking office, Trump has endorsed big spending increases and steered most Republicans to abandon the deficit obsession they held during the Obama administration."

    — Heather Long and Jeff Stein, October 25, 2019

  8. Im cuz rats like him amd all in usa not cuz i have need of or my family and fkr that and more i will finish all of u

  9. If those young people took college loans they should pay them back, every last dime. I did and many others by working, so get off your sorry asses and go to work, mommy and daddy won’t be around forever to change your stinking diapers.

  10. You're president is hated in entire Europa and only loved by autocrats and fascists. Thats why he never comes to visite Europe. And if he does, he would never expose himselfe to larger crowds as his predecessors did, because they would show him what they think of him. Check international news! Do not relay only on fox news if you want to know whats really going on.

  11. I strongly suspect that the vast majority of this miss guided youth are coming from urban areas. Youth who grow up in rural areas know the reality of life.

  12. Reagan started the first big deficit.
    Clinton gave us a surplus budget
    Bush left with a 1.4 trillion deficit
    Obama left with a 400 billion deficit
    Trump has it back to 1 trillion.

    What we need is a Democrat in the White House so we can get our budget under control.

    Sorry ultra rich folk, you will have to pay your share in taxes.
    Sorry mega corporations you will need to start paying taxes.

    Healthcare is not free
    the infrastructure is not free
    our basic services are not free.

    We will stop you conservatives from turning our nation into some Oligarch paradise.

  13. Weird… I worked hard, did very little college, got one retirement under my belt already and working on my second. I live comfortably in a low cost of living area. And guess what!! I have a home mortgage….that's it.

    The debt problem is this: people are generally unwilling to dedicate themselves to the workforce for 20-30 years. They want what they want RIGHT NOW! So rather than working towards their goal, they basically charge their future away.

    Colleges know this scam (and it's the biggest economical scam ever IMO) far too well. They make it seem like you MUST have college in order to move passed a McDonald's job. And employers are the same way. When I retired from the military, I had about 80 job interviews. Out of 100% of these interviews, level of education was asked 100% of the time within the first 3 questions. Schwann's, a food delivery service, tried pushing me to go for a Master's in my interview. Farrelgas did the same. A local waste treatment plant was more curious about my education than anyone. After years of managing in the mil, I just wanted a reg blue collar job. I finally got one and it's an awesome job!!

    The point here is… college is overrated!! What would that masters degree do for me delivery frozen steaks, installing propane tanks, or tossing garbage cans??? Absolutely NOTHING!! And I dont have any debt but my mortgage either.

    I have zero sympathy for these folks w student loan debt. You made the decision now live with it….. or dont. I chose to never have it (my kids dont have student loan debt either!).

  14. My credit is destroyed absolutely terrible! All of it is hospital bills almost all from a injury that has left me with complications that have ran years and years since the incident , I was shot and years later had surgery after surgery ,dvts all from something someone did to me and no I can not afford heath insurance!

  15. Look at me, a young girl and I make 10K a month doing climate change protests for the AOC and the radical left. Beat that

  16. If Trump did that the do nothing democrats would have to be in opposition and condemn it. It would once and for all prove who cares about the people of America.

  17. My two children, both medical doctors, have to work two jobs, to pay the loans off. They get one free day every two weeks. CORRUPT AMERICAN GOVERNMENT!!! SLAVERY.

  18. Gotta be honest if there was a conservative socialist I'd vote for them,unfortunately most socialist types are far left lunatics

  19. I disagree with Tucker on one point. It is not just the so called professors of today. I went to college many years ago and I only thought a handful of instructors actually knew what they were doing. Most just read the book as if no one else had the ability to read.

  20. The truth in this is scary, and those that say "just dont pull out student loans" or "just pay your debt" have not grasped the entirety of the tuition and other costs these days. At rate, student loans some day soon, wont be enough to pay for it

  21. These millenials are hypocrites. Some of them waste their money on partying, trips to cities, alcohol, and everything else. meanwhile they are sitting at home behind their desks whining about not getting the job they want. The job they want are those that require previous experience. But MANY MANY respectable part-time and/or agency jobs are in need and are willing to hire students, or at at least High School Diploma holding citizens , and especially if their education is related to that job position. THAT is how you gain experience. You are disrespecting these part-time jobs , not realizing that gaining experience from those jobs will make you ever more credible as a candidate for that higher job you want.

    You want to know the inner-workings of the humbling jobs before you are hired into the corporate/administration/managerial/high tech positions.

    I'm a millennial.

    The fix to the student loan problems are reasonable and would be favorable; taking out the loans are a trap. But for now, I advise taking the part-time jobs you tend to ignore. Don't work at the local starbucks or fastfood, get the part-time job related to the field of interest. Look for agencies that gather manpower in your related field.

    The trick is to KEEP ON SEARCHING, KEEP ON APPLYING. You WILL be hired. No one is hired by sitting behind their desk advocating for change.

  22. So these young people will soon find out if the job should pay 15 per hour but you have 15 people who must work, then the pay is not 15 per hour per each it is 1 per hour per each.

  23. Easing student loans will not make or break the President. Today the better choice is not to go to these halls of liberal indoctrination! Technical school, trade school, Computer Security. Anyone taking liberal arts will be homeless and on the street like many of them are today, Tucker.

  24. You should be scare you old folks are dying we socialist we are coming and i cant wait till we have our capitalist scare

  25. That’s because the younger generation have been papered and lied to from education to politics. None of them have a grasp of financial responsibility and think they are entitled to everything for free without any consequences to them. Such a shame I’ve had to witness my own child be this way regardless of my interference and advice

  26. My taxes goes up because young dumb asses want's me the tax payer to pay for their college worthless degrees, well I guess college graduates body count will be going up too.😌😌😌

  27. Socialism and communism are just means of controlling the masses. They will make the debt go away but will replace it with other "concerns" that will make everyone forget what they were worrying about in the first place. Police states do that. Good news: Hungary, Poland, Slovenia, and others are showing us how to crawl out from under socialist/communist regimes 75 years (three generations) later. Good luck kids. I'll take my chances with the capitalists.

  28. Comprehend the scam of the Fed, which is privately owned and prints money and charges we the people interest on it. A small group of people playing monopoly took over the bank and started printing the monopoly money charging the other players interest on it while still playing the monopoly game.

  29. I disagree with Carlson on this editorial. You don't see millennial or college students who are not driving late model cars, who do not have state of the art TVs and gaming systems, do not have new laptop computers, who are not wearing designer clothes and shoes, and who are not going to expensive pop and rap concerts and nightclubs. Blaming debt on our education system is foolish. Irresponsible spending and poor money management are most likely much more responsible. Using credit cards to buy items that you cannot afford and could probably do without, is a result of a lack of self restraint and discipline. Parents need to teach their children the practice of delaying gratification and the practice of self deprivation. If you spend your money on $300.00 shoes, then you shouldn't go to the Lady Gaga concert this weekend, not charge the ticket to pay later. These are life's lessons. Don't blame outside forces.

  30. While I'm opposed to too much federal regulation, perhaps it is time to bring in an "invisible heavy hand" to them to make sure they are properly fulfilling their role as educational institutions. "Invisible" because such regulations can be done through measures such as making sure that free speech is respected on campus, and that various loud groups that want to create chaos find themselves charged with the costs of their disruptions. "Heavy hand" only if we definitely apply rules that protect quality education.

  31. we just don't know how lucky we are in europe – as far as costs of studying are concerned. at least in germany, its free. can't your great president do anything about it?

  32. I don't trust capitalism either..we have corporations that make millions and a lot are making billions..greed is turning people to socialism..the demise of capitalism is greed..hope Trump can solve this problem..I doubt it..but he is better than the communist Democrats. Hail to the Nationalist party..hail Donald Trump.

  33. I'm so blessed that, due to my academic achievements in high school, I was given a full-ride scholarship to get a degree in biochemistry, so I finished college with more money than I started with, a concept that seemingly almost doesn't exist anymore. Even then, though, it wasn't been worth it. The only industries in my area in which one can use a biochemistry degree are run by far-left people who look into applicants' pasts and affiliations and, if they see anything they don't like, they put you on every blacklist they have and make sure you'll never work for anyone they know. As a member of Gun Owners of America, the Constitution Party, Sons of Confederate Veterans, and the League of the South, if I was full white instead of quarter-white, quarter-American Indian, and half-Asian, I would be absolutely everything they despise the most. I'm so fortunate that I haven't had to depend on this useless biochemistry degree in order to keep myself alive, and I'll never take for granted that I have it a lot better than other college graduates who'll spend the next several decades trying working to pay off debt for degrees that weren't worth it.

  34. i can't see how this doesn't come, aging baby boomers are passing so soon they will be the dominate voting block and they're not switching to the GOP party.

  35. Isn't there another way to forgive the debt? Why should the taxpayer pick up the tab? Let the universities eat the debt. After all, they are the ones who failed to live up to the hype. Call it a "LEMON LAW". The universities failed to deliver. Tell a student, all he has to due to forgive the debt is return the diploma. He didn't get a diploma? Debt cancelled. University eats the debt.

  36. Trump is spending in 4 years almost as much as President Barack Obama did in eight! While dismantling protections for the poor, the sick, the aging, the student, the consumer, the employee, our allies and the environment. Who Knew selfishness and social indifference was so expensive?

  37. You should maybe look at the Australian system; which consists of an allowance paid to a student over the university period, which is then repaid on top of income tax depending on the level of income received. Sometimes it means that the debt is never repaid because the student never earns more than the minimum amount set for repayments to kick in – but that is life. The rest of them repay the debt, but only out of their earnings over a number of years, and only when their earnings reach a specified level.

    You should also maybe look at the Australian system for health care, which mandates a basic minimum state paid for level for every single citizen, and then provides for and allows better private systems on top of that for those who wish to pay for it.

    Greg from OZ.

  38. America has become more socialist under Donald Trump. Deficit spending has skyrocketed, government size has not deceased… only increased. Wake up America.

  39. Student loans make this possible. Any time you create deep pockets to pay the bill, the prices go up. The same is seen in the health care industry, when insurance companies pay for healthcare, the prices go way up. Same with auto repair bills, notice how engine repairs have not skyrocketed but collision repairs have gone stupid, $800 pair of mirrors, etc.

  40. WHY SHOULD I GIVE UP ALL MY MONEY TO A WORTHLESS PIECE OF SH*T LIKE YOU A SOCIALIST FREE FOR ALL . DOESNT WORK THAT WAY ..

  41. Funny how ones "intelligece" that got them into college is actually the cause of the chains of bondage that they the "intelligent" ones now decry as oppressive but someone else should pay (apparently the "dumb ones" that did not go to college should pay ) ……Funny stuff ………** news flash ** ( you're the idiot with the debt )

  42. The collages that sold students worthless degrees in worthless career fields should be FORCED to zero the debt of the students they sold that crap to.

  43. my wife and I owe 90k together. We were duped into thinking we had to go to college. I do not want forgiveness. I want to focus on paying off my debt and helping the next generation not make my mistake.

  44. College, hahaha, I went to a hydraulics certification program 8500$ from sallie mae turned into 12,700$ after FINALLY PAYING IT OFF! Lesson learned at 33 years old, make sure that my kids and grand kids know the full blown plan to enslave the working class through nonstop debts!

  45. Hello…$37k is slightly more than you pay for a decent vehicle. And you have to pay that off in 6 years.. What you need is an employable skill or education to get a job..Many graduates take useless majors with no employable job available..They believe it is the degree & not the major….SURPRISE…Welcome to the real world..Your councilors & teachers have LIED to you

  46. several legislators have received money indirectly from Putin via the Russian mafia to fight against Hillary Clinton since she was secretary of state, the reason: Clinton pushed the border of Nato across Ukraine to the Russian border, a

    she also meddled in the Russian election against putin.

    Nunes, gowdy, schaffetz, jordan and others like kevin mccarty are implicated…gowdy ans schaffetz were prevented from seeking re-election by theGOP when this was revealed….they work now at fox.

    Putin, Money laundering, Russian mafia, trump connection :

    putin>dmitry firtash> lev parnas> rudy giuliani> trump

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