Sen. Elizabeth Warren likes to describe herself as someone who sides with working people. For example, in a recent New York Times op-ed, the Massachusetts Democrat warns, correctly, that her party is headed for disaster in this year's midterm elections. She then urges President Joe Biden "to use every tool of the presidency to deliver for"—you guessed it—"working people." This is the sort of thing that is designed to appeal to Biden's abiding sense that he's just a regular guy whose mission in life is to make life easier for other regular people. He's just an average Joe trying to help all the other average joes.
But Warren's first suggestion is a policy that would disproportionately benefit a group of people who are, economically speaking, already doing comparatively well. And Biden increasingly appears poised to act on that policy. I'm referring, of course, to canceling large amounts of student loan debt.
