Some Encouraging News on School Spending
Patrick Gleason, writing in Forbes Magazine, has some encouraging news about school choice and school spending. It looks like perhaps teacher union officials have used a recent presidential stump speech in South Carolina as an excuse to encourage May Day protests that may close schools in that state. And of course teacher union officials are against any form of school choice where they cannot hold teachers and education reform hostage to their power.
Among the prominent individuals and organizations working to improve U.S. public education a split has emerged. Some are focused on pumping additional money into the system, whereas others emphasize reforms that empower parents and students with more options.
Ray Dalio, founder of Bridgewater Associates, one of the world’s largest hedge funds, sounded like a subscriber to the former approach on his CNBC appearance last week. During his Squawk Box interview Dalio lamented that there is “financial starvation” occurring in U.S. public education.