A lot happened in the intervening four months since the last post on this blog. Namely, I went through an extremely difficult quarter of college mathematics, physics, and programming (hence the blog blackout). But that’s not today’s subject.
Today, we need to talk about the massive budget deal that occurred in my web absence.
President Obama announced a sweeping proposal this week to educate college students and alter the way the federal government disperses aid. The reform is potentially too huge to analyze all at once, so here are a few takeways from it and predictions about the effects of certain elements:
The so-called “fiscal cliff” has been temporarily averted, and the GOP has finally agreed to raise taxes on the very wealthy. But let us be clear; compared to the deal President Obama could have nabbed, this was no liberal victory. Continue reading