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xchrom

(108,903 posts)
Mon May 20, 2013, 08:55 AM May 2013

Needed: A Mass Movement for College Debt Relief

http://www.commondreams.org/view/2013/05/20-2




Austerity has failed in Europe, where the European Union just racked up 18 months of negative growth with no end in sight. It is failing in the United States, where this year's deficit reductions will cut the growth rate in half.

But austerity is succeeding as politics. The German government shows no signs of taking its heavy foot off Europe's oxygen hose, and President Obama seems determined to strike a 10-year deal with the Republicans that would equal 10 years of sequesters and then some.

What might change this grim politics?

Last seek, Senator Elizabeth Warren -- how splendid to be able write the words Senator and Warren in the same sentence -- showed the way. Warren introduced her very first free-standing bill, and fittingly it was a bill to cut interest rates on student loans.
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