Obama says republicans don't get it. Education is the economy.
Obama mocks republicans for their wackiness:
But at Saturday’s Missouri Senate Debate, when asked directly whether they would support efforts to prevent a doubling in federal student loan rates, all three refused to commit to such action. The three candidates opted instead to highlight their support for reinstalling banks as for-profit middlemen in the federal student loan system - a move that would sap resources currently available to families while providing bigger profits for big banks. Akin compared student loans to Stage III cancer: "America has got the equivalent of the Stage III cancer of socialism because the federal government is tampering in all kinds of stuff it has no business tampering in. So, first to answer your question precisely. What the democrats did to get rid of the private student loans and take it all over by the government was wrong. It was a lousy bill. That's why I voted no. The government needs to get its nose out of the education business." MoDems
