Unprecedented federal spending on education is a swindle of epic proportions.
As reported by the estimable Just Facts, federal, state, and local governments in the U.S. spent $1.02 trillion on education in 2019. This breaks down to $7,945 for every household in the country. It’s worth noting that these figures do not include land that is purchased for schools and other facilities, some of the costs of durable items like buildings and computers, and unfunded liabilities of post-employment non-pension benefits (health insurance e.g.). Here in California, when all costs are considered, the state spends over $20,000 per pupil.
But for Joe Biden, a trillion isn’t nearly enough. In March the President, or whoever is handling him these days, rolled out a $1.9 trillion “federal relief package” which includes $126 billion for schools. What the teachers unions and its allies in the media call an “investment” is really nothing more than the ongoing pillaging of taxpaying Americans who are already facing debt of gargantuan proportions.