Tag Archives: skeptical

Healthy Skepticism about Magical Money Tree and Education Reform

The federal government’s “magical money tree” can make untold billions of dollars out of thin air to spend on a wide array of pork projects and various government programs. But what will the money earmarked for education do to promote lasting and effective reform to help student success? Plenty of lip service has been given to this notion. Don’t worry. You aren’t alone in having good reason to be very skeptical of the “stimulus” leading to real education reform. Months ago, when the stimulus was first passed, my Education Policy Center friend Ben DeGrow made the observation: While unconditionally dumping more funds into schools may help to guarantee jobs, it won’t help the ones who need it the most. We’re all in good company now. In the first edition of “Education Stimulus Watch” (PDF) released this week, American Enterprise Institute adjunct fellow Andy Smarick makes a strong case for the unprecedented federal spending package to produce little or no positive results:

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Jay Mathews Inspires My Radical Ideas to Spend $100 Billion on Education

In today’s Washington Post, education columnist Jay Mathews raises the question: If you had $100 billion to fix our schools, what would you do? Faithful readers know I was skeptical of the federal government’s “magical money tree” a few months ago. My sentiment hasn’t changed. Some ideas for spending 100 billion (that’s a 1 followed by 11 zeroes) new smackeroos in the education bureaucracy inevitably will be better than others, and some may end up yielding some positive results. In his column, Mathews grades five proposals for spending the money, realistically noting of those who submitted the proposals: Their goal is to get the biggest change by January 2012. I think they are dreaming. The federal stimulus is designed to save jobs, not raise student achievement. But some (not all) of the ideas are so good some states might (repeat, might) be tempted to try them. To rate the five proposals yourself, as well as five others Mathews invented, check out his blog post.

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Do You Really Think All That "Stimulus" Money Will Go to Help Kids Like Me?

I’m only 5 (almost 6) years old, but I’m no dummy. The reason we all ought to be skeptical of the “it’s for the children” line is the political realities of how the money is spent. In his Pajamas Media column, Greg Forster unravels the uncritical support of our new President’s grand plans to throw billions of dollars at schools as part of a so-called “stimulus” package: I suspect that pretty much nobody in Congress really believes the Keynesian theory. There are two real motivations behind all stimulus bills. First, it creates an opportunity for politicians to claim credit for any good economic news that subsequently comes along. Second, it’s an excuse to shovel money at powerful constituencies, from whom you can later demand reciprocal support. It’s the latter reason that will determine how the new school spending in the stimulus bill will be spent. The money won’t go where it’s needed. It will go to the gravy train.

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