“The national Democratic leadership is going so far left, they’ve left America,” former President Ronald Reagan said nearly 40 years ago. How correct he has proven to be.
President Biden and Democratic Party leaders in Congress are catering to the left-wing progressive base in their party, which is animated by young voters who are increasingly receptive to the idea that socialism is preferable to capitalism.
In April 2020, a coalition of Millennial and Generation Z-led far-left organizations released an open letter to then-candidate Joe Biden declaring that to secure their support he had to commit to a laundry list of progressive policies. These policies included cancelling student loan debt and adopting the framework of the anti-fossil fuel Green New Deal. The letter demanded that to win their support, Biden “must demonstrate, authentically, that you empathize with our generation’s struggles.”
The letter’s signatories wrapped themselves in the cloak of “social justice.” But as an essay on the Discover the Networks website explained, “The ‘Social Justice Movement’…endorses socialism and economic redistribution as a means of redressing the alleged evils of capitalism and producing a programmatic equality that it acknowledges will be purchased at the price of individual liberty.”
Democratic Socialist Representative Alexandria Ocasio-Cortez (AOC) personifies this movement. Using the adjective “Democratic” before “Socialist” is simply putting lipstick on a pig. AOC believes in concentrating vastly increased power in the federal government to direct the distribution of wealth and achieve government-defined social ends. Displaying her authoritarian tendencies, she wants the government to “rein in our media,” particularly Fox News.
AOC believes that the country’s electorate is moving to the Left because of a “generational shift” in political beliefs driven by young voters. Sadly, some recent polling proves her point.
According to a Pew Research Center poll published in September 2022, twice as many Democrats/lean Democrats between the ages of 18 and 29 viewed socialism positively (58%) compared to those with a positive view of capitalism (29%).
As it became much easier to vote in the 2020 presidential election than ever before because of lax and expanded mail-in voting, vote harvesting, and extended periods for early voting, young eligible voters’ turnout significantly increased from 2016. The majority of them voted for Joe Biden.
“Voters ages 18-29, particularly young people of color, supported Biden at a greater rate than any other age group, NBC News exit polls show,” CNBC reported.
“Young voters (ages 18-29) preferred Biden over Trump by a 26-point margin in 2020, and Democrats over Republicans by 28 points in the 2022 midterms,” according to Axios.
President Biden knows that to greatly improve his chances of winning a second term, he needs to replicate or exceed the 2020 voter turnout of his supporters in the 18-29 age bracket. So, he has put his foot on the accelerator in offering programs via executive orders and legislation that tap into the demands from this increasingly socialist leaning voting bloc. And social media influencers are being enlisted to get the message out to young voters that President Biden is on their side.
As perhaps the most striking example of how President Biden has reached out to young voters with a windfall, last year he issued an executive order letting millions of higher education students off the hook for student debts they had willingly incurred. His executive order, now under review by the Supreme Court to determine whether the president exceeded his authority, would stick the rest of us with the tab to the tune of an estimated $400 billion.
The many millions of workers without a college education, who have taken out loans to pay for the tools of their trade or for the vehicles they use for work, do not get the same taxpayer-funded debt relief. The parents who paid the full freight for their children’s higher education would not be reimbursed under President Biden’s executive order. Neither would the students who managed to pay off their loans for higher education themselves.
That does not matter according to AOC, who has been a vigorous supporter of President Biden’s executive order and would like to see it expanded. In response to a question from one of Rep. Ocasio-Cortez’s Instagram followers who asked her how cancelling student debt would help those who paid their loans, AOC responded, “Not every program has to be for everybody. Maybe student loan forgiveness doesn’t impact you. That doesn’t make it bad.”
Yes, it does. What makes this executive order so bad is that it would turn the traditional American notion of individual responsibility on its head. All for the benefit of a privileged class of higher education students who want a taxpayer-funded escape hatch from their higher education debt obligations.
But President Biden and his Democrat comrades in Congress know that this giveaway is crucial in securing the votes of young adults.
In October 2022, pollster John Della Volpe tweeted that the reason for “40% of likely #GenZ voters stating they are more or much more likely to vote for a Democratic candidate in November” was “due specifically to President Biden’s action on student loan debt.”
Sure enough, on election night Mr. Volpe tweeted, regarding the Democrats’ surprisingly strong showing in the 2022 midterm elections, “If not for voters under 30 … tonight WOULD have been a Red Wave. #GenZ did their job.”
Student debt relief was not the only top-down government redistribution scheme designed by the Biden administration. As the 2024 presidential election approaches, the Biden administration’s Federal Housing Finance Agency is moving forward with a rule set to take effect on May 1st that represents the reverse of normal mortgage lending practices. The rule will make home borrowers with excellent credit scores pay more for their mortgages than they should based on their own credit risk profiles. The purpose is to subsidize mortgages for borrowers with lower credit scores who will then pay less for their mortgages than they should based on their own credit risk profiles.
Federal Housing Finance Agency Director Sandra Thompson sought to justify the new rule as a measure designed to “increase pricing support for purchase borrowers limited by income or by wealth.” But it would be accomplished at the expense of borrowers who have scrimped and saved over time to build up their credit scores on their own.
On average, credit scores tend to increase with age. As an analysis published by American Express in 2022 stated, “A younger person is more likely to have a lower credit score than an older person simply because they have shorter payment and credit histories than their older counterparts.”
Once again, the Biden administration is looking to give an undeserved break to borrowers, which would be especially helpful to young adults looking to buy a home perhaps for the first time that is probably above their means.
We have seen an earlier version of this movie before. In the 1990’s and early 2000’s, the federal government’s policies to make housing more affordable led the government sponsored lending enterprises Fannie Mae and Freddie Mac to lower their own credit standards in underwriting bank mortgage loans. This in turn incentivized banks to make high-risk mortgage loans to unqualified borrowers with little means to pay them back. The banks tried to spread the risks by issuing and selling mortgage-backed securities. When the high-risk borrowers defaulted on their loans, the house of cards collapsed, leading to the subprime mortgage crisis and the Great Recession that started in 2007.
This time, the Biden administration is pursuing the same affordable housing objective but with the twist of using a rule to force borrowers with high credit scores into becoming the benefactors of those with low credit scores. Strategic Wealth Partners CEO Mark Tepper labeled the rule “socialism for homeowners.”
President Biden’s war on fossil fuels keeps intensifying with massive government spending to speed the transition to a fully green energy economy and the imposition of more government controls over the nation’s economy and Americans’ everyday lives. The Biden administration, for example, is proposing to clamp down on tailpipe emission standards that will effectively lead to the end of the sale of gas-powered cars, forcing Americans to purchase more expensive electric vehicles. It is preparing to prohibit retailers from selling commonly used incandescent light bulbs. And so on and so forth.
AOC is not entirely pleased, however. In her mind, President Biden has not gone far enough.
In an interview with the Socialist magazine Jacobin, AOC criticized President Biden for what she called his “lurch to the right” by approving a big oil drilling project in Alaska. “I think the Biden administration has been very disappointing on climate,” AOC said. And with no subtlety, she warned President Biden that “it is extremely risky and very perilous should the Biden administration forget who it was that put him over the top. When you look at the places — not just abstract levels of turnout, not just where numbers came from, but these swing places that gave Joe Biden the edge on an [Electoral College] victory — it was young people that that (sic) won him this election, communities of color, high turnout areas.”
Younger Democrats are not so enthusiastic about another term for President Biden, considering his advanced age. Nevertheless, “51% of younger Democrats say they would probably vote for Biden in a 2024 general election,” according to a recent poll by The Associated Press-NORC Center for Public Affairs Research.
President Biden is hoping that he has done enough for young voters to earn their support in large numbers in 2024. Biden is counting on their realization that, given the alternatives, he would be the best choice for young voters in the general election to give them at least some of what they want.
Dick Gripeman says
He’ll have the help of broadcast media.
Mo de Profit says
“ The many millions of workers without a college education, who have taken out loans to pay for the tools of their trade or for the vehicles they use for work,”
These guys are too busy earning a living and starting to raise their children, they don’t have the time to theorise about socialism vs capitalism vs todays cronyism.
Those who had student loans have lots of time on their hands because they’re probably sexually confused by the time they end college.
J.J. Sefton says
Will it be enough? Dao-Min Yen has an app for that.
Steven Brizel says
This is a thoroughly Corbinized administration and party
This age cohort has been thoroughly ideologically grooved in schools and by our media. They are largely ignorant of our history (other than slavery), economics and second order effects. If my experience is any indication, they are also highly emotional and believe they know everything. So of course they will automatically vote for Democrats. Very sad.
Spurwing Plover says
To just deceive the deceivable fool enough to support this old fool
Was legally changing the national voting age to 18 yrs by Constitutional amendment a smart idea? Where young people just barely out of high school join the military, start working, or start college, there is a system to direct them with social and legal rules to help them on their way. However, when they vote, they are prey to the passions and emotions of the systems. And thanks to the above mentioned education system, the new generations embrace Socialism to a greater degree. Just an observation.
Steven Chavez says
THEY’RE PARENTS WERE PRODUCTS OF THEIR PARENTS WHO ARE AIDING AND ABETTING THE VIETCONG when they were recruits of the KGB and CPUSA Peace fronts which have fought for COMMUNIST ideals including in Central America, Mexico with the Communist Zapatistas, the Castro’s, Chavez, and the CCP!
THOSE DUPES became today’s teachers, professors, Hollywood, MSM, city/state/national leaders, and infiltrated the Democratic Party to lead our institutions, Congress, and the White House. THEIR JOB TODAY IS TO RECRUIT THE NEXT GENERATION OF COMMUNISTS we see in the streets and who are given room to DESTROY!
IF YOU WANT TO STOP THIS, YOU MUST START IN THE PUBLIC SCHOOLS AND COLLEGES and any class or degree that has STUDIES in the title since those classes are used to recruit activists, protesters, and DEMOCRATS!
Biden’s Plan (or more accurately, his Handlers’ Plan) and that of today’s Democrat Party (which is congruent with the CCP’s) for the Final Destruction of our Constitution, our Bill of Rights, our way of life, and, indeed, of the United States as a free republic, has accelerated, especially since noon on January 20, 2021:
1. Surveille us 24/7/365, “1984”-style;
2. Rule by Diktat (“Executive Order”);
3. Impoverish us, and demolish our standard of living;
4. Enslave us–especially honest, frugal, middle- and working-class Americans.
They’re already very close to “Finishing the Job,” and they WILL finish it if we don’t have dramatic “regime change” in the 2024 Elections–if that isn’t already too late.
Andrew Blackadder says
The generation of today in America, whatever they are called, they are THE most entitled spoiled rotten, empty headed, ignorant, lacking in style and substance, covered in face neck arms and leg tattoos, and that’s just the ”females” as well as being so confused about basic economics as well as what sex organs they may have or not have according to how they feeeel and can only dance to ”music” created by a Computer that goes on a loop, round and round and round, devoid of all emotion which is always what real music does to the human psyche, happiness, sadness, overwhelming joy etc that comes from Classic Music or the Blues, Jazz, Rock N Roll but what they are listening too is just empty noise… Boom, Boom, Boom which sounds like a five year boy playing with the Drum he got for Christmas.
I have seen the future of America, and The Western World, and I am glad I am 75 and not long for this world… As it was said decades ago…. We blew it man…
The “boomers”, (one of which I am, admittedly) opened the floodgates to fed govt “social” programs. One can argue this was an act of benevolence, greed or something akin to the “Great Society”, but I repeat myself. Nevertheless, Pandora’s Box was opened never to be closed. The Gates are being slung open even further to benefit the coming generations. I can’t recall the exact quote that addresses this phenomenon but it’s something like: a nation that votes itself freebies from the national treasury is doomed to collapse. Will this third wave of financial lunacy end us? Probably so, no matter what measures are taken to prop up a treasury full of red ink.
The problem with Communism, as George Orwell deftly pointed out, is that it obliterates language, So can we call things what they are, please? Progressives are progressing toward Communism. Woke is Communist. Socialism is the off-ramp from Capitalism, to Communism. Starter Communism. So many words and so much confusion when the end goal is just one thing: World Communism. The UN and folks like George Soros, Bill Gates and Klaus Schwab likes to call it Communitarianism. But it’s a flavor of Communism just the same.