Yesterday King Obama signed into law the federal takeover of the student loan business. One lender has already announced the destruction of 2,500 private sector jobs. Estimates are that 31,000 jobs will be lost in the private sector due to this takeover by the feds.
So, it seems, the O administration really has pivoted to what Slow Joe famously called, "that three letter word: JOBS, JOBS, JOBS."
