Government institutions are in the business of making things worse in order to collect more money to make them better. We declared war on poverty and impoverished ourselves. After promising to fix homelessness, the streets are covered in needles and human waste.
Nowhere is this truer than in education.
Education results are inversely proportional to the amount of money spent on them. New York has the highest per pupil spending at $25,645 and the second lowest literacy rate in the country. Utah has the lowest per pupil spending in the nation and a 90% literacy rate.
Good thing the education market is set to hit almost $2 trillion by 2025. At 10% of GDP, we will spend far more than China (4% of GDP) with much worse outcomes to show for it. But Educrats will claim that if we only spent 25% of our GDP, Johnny would finally be able to read. All that’s holding him back is that Chicago public school teachers with an MA only make $89,083.
Scamming Bastards! Greenfield rips into these leeches, and God bless him for it! Make sure to read it all.