I am watching the witter debates. The quick stimulus for Dem students is a loan bailout. The cost in earmarks too high. Hence we are back to tax issues, soak the wealthy. We are headed toward the Dem centrist middle, the split government, the tax and unspend policy.
If history is any guide, Biden gets one big change in the taxnspend ratio, then it is continuing resolution for the remainder of his four. If he blows his wad on student debt, then public sector bailout waits four years or more. Rater than a field goal, he should try and end around, pick up 30 yards with a partial assumption of the student loan under a refinance and ding the wealthy. That means pension bailout might come in four years, his last hurrah.
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