• Rahm Emanuel, then chief of staff to President-elect Barack Obama, famously issued what has come to be known as Rahm’s rule: “You never want a serious crisis to go to waste. And what I mean by that [is] it’s an opportunity to do things that you think you could not do before.”
• Emanuel argued that the 2008 financial crisis afforded the new Obama-Biden administration the opportunity to “do things” they couldn’t otherwise.
• Trillions of dollars in higher spending later, President Biden recently dusted off Rahm’s Rule for yet another purpose — justifying his administration’s college debt cancellation plan.

Tagged: Biden's America