Archive of entries posted on 25th August 2022

Yeah, and on Top of That, He Had to Change His Pants When Meeting the Pope, and Shakes Hands With People Who Are Not There

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Critics on both sides of the aisle have already panned the plan for its many critical problems, including:

  1. It’s regressive. Biden’s debt cancellation plan includes borrowers with household incomes of up to $250,000, an amount that puts such couples in the top 10 percent of income earners nationwide. A Penn Wharton budget model estimates that “between 69 and 73 percent of the debt forgiven accrues to households in the top 60 percent” of the income distribution.
  2. It penalizes the 286 million Americans with no outstanding student-loan debt, including many who never attended college. Dr. Beth Akers of the American Enterprise Institute tweeted yesterday, “Only about 1 in 5 Americans hold student loans. The other 4 will be on the hook to pay their share of the hundreds of billions we will spend on Biden’s loan cancellation plan … but will see no benefit.” Also excluded are the millions of borrowers who refinanced their student loans through private lenders and those who borrowed from sources other than the federal government.
  3. It’s costly.

— James G. Martin Center for Academic Renewal | “Did You Know? Biden’s Student-Loan Cancellation Is a Fiasco” | August 25, 2022 | Jenna A. Robinson and George Leef

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Straight Line of the Day — American Graphenie: Dodge Is Discontinuing Muscle Cars, So…

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End of an era:

Dodge Announces ‘Last Call’ for V8-powered Challenger and Charger Muscle Cars, Discontinuing Its Internal-Combustion Engine Models as Company Goes Electric
foxnews.com | 8/15/2022 | Gary Gastalu

Dodge’s V8-powered muscle cars are nearing the end of the assembly line.

The automaker has announced that production of the current Challenger and Charger will end in December 2023 before they are replaced by a new electric vehicle platform.

The Charger sedan has been in production at the automaker’s Brampton, Canada, factory since 2005, where the Challenger coupe joined it in 2008. Over three billion horsepower-worth of cars have been built since.

Dodge is having a blowout celebration for both models with a slew of special editions and options, along with the installation of a commemorative “Last Call” badge under the hood of every 2023 vehicle.

Pricing and additional information will be released in the coming weeks and the six-cylinder Challenger and Charger models will also be discontinued.

The first electric Dodge muscle car is scheduled to be released for the 2024 model year.

Straight Line of the Day — American Graphenie: Dodge is discontinuing muscle cars, so…

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