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Steve Penfield Discusses Unz Review Article on Student Debt Cancellation

Listen HERE Steve Penfield is the author of Student Debt Cancellation: A Good Idea and a Political Hoax. In it he argues against standard left vs. right, Democrat vs. Republican arguments—and offers this key insight: “An inescapable consequence to any responsible Debt Forgiveness plan is that someone will have to pay. As Michael Hudson says: ‘You can’t bail out the banks, leave the debts in place, and rescue the economy. It’s a zero-sum game. Somebody has to lose.’” So who should lose? Steve argues that Bernie Sanders and Elizabeth Warren should abandon their plan to foist the cost of student debt…