Because all the non-Boomers in this country have had it too good for too long, student loan payments are slated to restart in the fall, meaning most of the 43 million Americans carrying a combined $1.75 trillion in diploma-based debt will be required to resume tithing an average of $500 per month to the gods of capital. This obviously sucks for moral reasons, many of which can be summed up by simply pointing to the Trump administration’s $2.3 trillion tax cut from 2017 and screaming at the top of your lungs until you are involuntarily committed. But not withstanding all the ethical bankruptcy, cartoonish fraud, and deliberate Reaganomic fuckery that delivered us to this moment, student-loan payment resumption also has potentially negative implications for the retail sector—which means it may wind up sucking for the beverage-alcohol business, too.
© 2025 David Infante
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