There's a such thing as too much government lending.  Robert Samuelson has a piece worth reading on this in the Washington Post, showing the obvious: that the more the government subsidizes anything, the higher the cost goes. Taxpayers can pay that price or accept where the market would take the price if it weren't subsidized.  College costs are the greatest example.  In the 1960s, the government got extremely involved in student loans, and ever since, college costs have skyrocketed, much faster than inflation.  Instead of the government loans making college more affordable, the colleges themselves jacked up the cost of education much faster than inflation in order to avail themselves of all the new subsidies. What I found extremely interesting in this article is that government lending skyrocketed to $3.4 trillion in 2015 from $1.5 trillion in 2007.  The federal budget likewise was around $2.7 trillion in FY 2007 and today is over...(Read Full Post)