David Friedberg on Zohran Mamdani's Win in NYC: The College Debt Crisis Has Led People to Socialism

kla Harris is going to look like a conservative candidate pretty soon a lot of people don't quite recognize and see how important the debt and the deficit is with respect to how it's ultimately going to lead to socialism as it has every single time in history when you've had a free voting democracy people call it left but it's actually quite different than just being more traditionally left it's really a revolution against the system that brought them to this moment because the promise that we gave in America the American dream was if you will go to college you will graduate you will have income you will have stability you will

be able to buy a home and what we did is we increased the government's role in making that dream possible and in doing so we created effectively a system where we gave unrestricted access to capital which inflated the cost of education people could go to school like Zoron and major in African studies and graduate with $200 $300,000 of debt and then never get a job the guy has not had a real job and this is the truth for 32 million young Americans they find themselves living in places where they cannot afford to pay their bills every month and they will never get out of the debt cycle that they were thrust into and believe that they were going to be able to graduate from and excel in the

world and increase they all have what is called negative capital they have debt and they will never be able to get out of that cycle so where do you turn in that moment you don't go turn to corporations to solve your problems you don't go turn to your friends and your siblings and your family they're not going to bail you out you turn to the voting booth and you hear a guy like Zoran show up and say "There can be a better path forward." The better path forward is the government can and should do more to help and in doing more to help we will increase government we will tax the rich we will tax the corporations we will take all of that capital and we will redistribute it in

the form of services and checks and support for all of the people that find themselves unable to take care of themselves and this becomes a tipping point when the majority of the voter base ends up in that situation where they're that deeply in need where they have negative capital and that is the situation America finds itself in today there is no easy answer and there is no easy solution out of this but I can tell you one thing for sure that in historical perspective we have seen it time and time again across dozens of countries that have embraced socialism to get out of the debt cycle that ultimately absorbs and and swallows up

the young it swallows up every family it swallows up every person in the working class with debt they're swaddled with it and they all try and get out of it by increasing government and embracing these socialist concepts and it has never ever worked more government is not the answer less government is zoran won 61 to 39 with college educated young people voted for him old people did not as much white people voted for him because they went to college non-white people did not as much at the end of the day young college educated white people elected this guy and that is the beginning of a wave that will sweep over America and I really do worry about

where this takes