What is it about the private sector that evokes such disdain from the people in government? Wednesday brought word that federal banking regulators are planning a new onslaught in their war on the banks. Now my home-state senator wants expand a program that would provide even more new perks for government bureaucrats:
[Connecticut Senator Richard Blumenthal] proposed a new law this week that would generously forgive the student loans of government workers and employees at qualifying nonprofits.
“Teachers, police officers, public health workers and other public servants should be applauded and supported — and not drowned in debt to pay for the degrees many such jobs require,” Blumenthal declared in a press release . . . .
Under the Democrat’s plan, government and qualifying nonprofit operatives would only need to work two years to get a 15 percent discount off their student loans. Two years later, they would get another 15 percent discount. After just six years of work, these special workers would have fully half of their student loans written off. After eight years, it would be 70 percent. After 10 years, government workers and 501(c)(3) employees would owe nothing on their student loans. [Emph. added]
Oh, please. Why government workers deserve a sweeter deal on their student loans than private sector workers do eludes me. Blumenthal, who appears to have never worked a non-government-related day in his life, almost surely can’t explain. He alludes to “teachers, police officers, and public health workers” as being especially virtuous and deserving. In fact, Blumenthal’s scheme would mainly benefit government hive-dwellers like assistant diversity administrators and agency clerks who’ve perfected the art of wasting time. (Come to think of it, teachers, police officers, and public health workers aren’t all saints, either.) Regardless, what do they do that’s so vital that they deserve a student-loan break not available to private-sector workers? So, for instance, a nurse who works at a VA hospital gets in on the deal, but a nurse who works for HCA doesn’t. That’s nuts. And who gets to pay for Blumenthal’s public-sector-only giveaway? Private-sector workers! For the record, that’s nuts too.
This proposal of Blumenthal’s is one more piece of evidence—a minor one, but telling—that the governing class in Washington no longer sees “public service” as, well, public service, but instead as an excuse for feathering its own nest at every opportunity and securing perks and privileges not available to the great unwashed. It is no coincidence that the D.C. metro area now has by far the highest per-capita income of any metro area in the country. In a non-dysfunctional republic, that wouldn’t be allowed to happen. But for the Richard Blumenthals of the world, federal workers’ towering (and taxpayer-financed) wealth still isn’t enough. No. The grasping for more is endless. Now we have to pay their college tuitions too. Outrageous.
What do you think? Let me know!