Category Archives: Social Commentary

Guaranteed Student Loans

How they killed the American dream for millions.

I consider it criminal, ethically. Get the damn government out of it.

[Early afternoon update]

“Millennials are the most educated generation in American history, but many college graduates have tens of thousands of dollars in debt to go along with their degrees.”

They are not (necessarily) “educated.” Many, perhaps most, of them are merely credentialed.

Brexit, And The UK’s Future

An explainer:

More Conservatives voted Leave than Labourites, but Labour represents the most passionately pro-Remain constituencies in the country and the most passionately pro-Leave ones. This means both parties have taken to destroying themselves internally rather than dealing with the vote’s implications.

The Tories are more culpable because they formed government during this period. They stuck with Theresa May, a leader who lacks every leadership quality apart from perseverance and who managed to lose a 20 per cent poll lead against an antediluvian Marxist after calling a completely unnecessary general election. This election produced a hung parliament and forced May’s Tories into a confidence and supply arrangement with the Democratic Unionist Party (DUP), a Northern Irish outfit that is, to put it mildly, full of strange characters.

…In days gone by, superannuated elites refusing to accept defeat on existential questions of this type finished up with their heads on pikes. Democracy put a stop to that by doing what democracy does best: facilitating the peaceful and orderly transfer of power. But democracy means you elect a new parliament, not a new people. That, in truth, is the only deal that matters.

Link via Iain Murray, with whom I had lunch last week in DC, and who personally knows Boris Johnson, and most of the other candidates. When I noted that Theresa May has probably been the worst PM since Neville Chamberlain, he replied, “Since Lord North.”