The Cato Institute graph is highly misleading, as it only plots "federal" funds, which are a tiny fraction of educational spending, and were mostly dedicated to Special Ed, and so were expected to have little or no effect on the median or average scores. It says nothing about whether money spent on public education in general is useful or not.
It feels like such a PR stunt for Zuckerberg and Facebook. He will catch a lot of flack when everyone learns of the background story when Facebook started. The movie will make him look like a thief. Im sure this is a plow to save his reputation.
But... with $100M, you can put off making decisions about the stuff you don't need!
ReplyDeleteThe Cato Institute graph is highly misleading, as it only plots "federal" funds, which are a tiny fraction of educational spending, and were mostly dedicated to Special Ed, and so were expected to have little or no effect on the median or average scores. It says nothing about whether money spent on public education in general is useful or not.
ReplyDeleteActually, I think the Cato graph data is correct, but the title is wrong.
ReplyDeleteHere's another table:
http://www.heritage.org/static/reportimages/8944CCA9757394F0CCE1821F36C34E6E.gif
The data here is total national spending, and pretty much matches the Cato graph. It also matches my understanding of how spending has gone up.
But IT IS ALSO MISLEADING because you need to adjust for increase in per-capita GDP over the time period.
But that is a different story.
-Mark Roulo
It feels like such a PR stunt for Zuckerberg and Facebook. He will catch a lot of flack when everyone learns of the background story when Facebook started. The movie will make him look like a thief. Im sure this is a plow to save his reputation.
ReplyDelete