recipient would be another one thousand dollars in debt according to the white house spokesman matt laverick well this is clearly a intergenerational war is clearly a class war it's clearly the new jim crow laws as applied to interest rates if you're a friend of ben bernanke you can lobby for low low interest rates near zero percent if you don't give me a zero rates on the blow up this economy going to financial terrorist like on goldman sachs or jamie done but if you're a student you got loans to create a job we're going to build the economy to create the savings then you're going to have a doubling in our interest rates that's a financial jim crow law well but it's also this notion that the solution to everything is cheap interest rates and cheap interest rates will make every single human problem go away a quote here from cecilia munoz director of the white house domestic policy council said we must keep rates low so more americans get a fair shot a more affordable education and a clear path to the middle class well interest rates have been low they've been declining max for thirty years