Lynn on board with inflation-fueling student loan scheme

Hi there-

Liberal economists Larry Summers and Jason Furman are blasting Joe Biden’s student loan debt cancelation because it will make inflation worse. 

Furman notes, “Pouring roughly half trillion dollars of gasoline on the inflationary fire that is already burning is reckless.”

And Summers said, “Student loan debt relief is spending that raises demand and increases inflation…It will also tend to be inflationary by raising tuitions.”

Eric Lynn is fully on board with this scheme though and will benefit financially from it. 

NRCC Comment: “Eric Lynn robbing middle-class taxpayers and making inflation worse to give himself a bailout is an indefensible policy.” – NRCC Spokeswoman Camille Gallo