we see a major decision on abortion right before our next elections. . elections. what i don t know is how that s going to come out. it isn t just about abortion. it s about the authority the fda has to control substances in this country. it s a decision as much about regulatory authority and the fda in particular as it is about abortion. and the consequences of the court against the fda could be dramatic in spheres that have nothing to do with abortion but for example, have to do with a variety of illnesses that all of us experience in our families, and the treatments that are fda authorized for those. i want to say one thing else about the mifepristone case now that you brought it up. this court s term illustrates how easily far right organizations have been able to opportunistically manufacture disputes that come before the
come out fighting. everything we have seen the last 48 hours and the dobbs decision we marked a year of. these are the tent poles of the democratic big tent, women voters, young voters, lgbtq community and african-american s. the white house does mooech it can white house does here. we hope in 2024, the supreme court, the role of the judiciary will be just a big a voting issue for democrats as it was for republicans for generations. when you re saddled with debt, you don t have the same amount of freedom as if you were to build up a savings account and pursue buying a home, starting a family. what does this decision do broadly speak something. i mean, this is going to be a tough couple of months for student borrowers. not only do you have the decision today that basically says, hey, we re not going to cancel any of your student debt, and starting in october, they are now going to have to make
people, they have been able to spend on more things in the past two years, groceries an set either, but some have also put down payments on homes, thinking about planning for a family. what is it going to mean to have their spending power pulled back, what does that do to the economy itself? it could kind of more abruptly kind of enforce the pullback that we ve already seen in consumer spending because of the prices that have risen across the board for everything that you buy at target for example, the groceries that you will buy. when it comes to the ways that people have also used the savings during the period of this federal moratorium on student debt, they have also been used to pay down debt in other things like for example their mortgages, their credit card, other types of bore rogue prices, car loans. so this is going to further squeeze them. i want to emphasize when we talk about the demographics that are most impacted by the decision today, the biden administration was targe
they approve of him compared to 30%, and by the way, these numbers are a lot higher than the national numbers when you take everybody into account. 36% in august. it dropped down in 2023, but back in june, this month, 2023, 51% of young people, the people who were taking on college debt right now who are currently dealing with college debt for the most part, felt the president was doing a good job. mike, i m sure there s some concern within the white house that a decision like this might eat away at those numbers. that s really what the reason is we re seeing the president come out so quickly, right, they understood that this decision, if it came out the wrong way from their perspective, would create new uncertainty, and they needed to show action quickly. in addition to hearing from the president, we re going to hear from the education secretary, he s going to be in the briefing room laying out more he was on our show yesterday talking about this. they understand the need to
Last week, the US Court of Appeals for the Ninth Circuit overturned an Arizona federal district court's permanent injunction against President Biden's September 9, 2021, Executive Order 14042.