You would think the bureaucrats who run government schools would want to focus on the basics, such as teaching reading, writing, and arithmetic.
After all, no nation spends more per pupil on education than the United States. And based on some Cato Institute research, I suspect the OECD estimate of about $15,000 per student is a low-ball estimate of the burden on American taxpayers.
So what do we get for all this money? To be blunt, the results are miserable, with Americans ranking well below average compared to our overseas competitors.
Here are some comparisons on both literacy and numeracy from the Organization for Economic Cooperation and Development. You’ll have to click the images to get an enlarged view. But maybe you won’t want to do that since it’s depressing to see that Americans are near the bottom for math skills and well below average for verbal skills.
Geesh, this is embarrassing. I like Slovaks, but I don’t want Americans to be less intelligent. I also like Belgians, but why are they kicking our tail? And I really like Estonians, but they’re putting us to shame.
So how is the education establishment dealing with these dismal results?
Well, they keep asking for more money. But as this remarkable chart from the Cato Institute illustrates, throwing more money at the system is a great way of building bureaucracy. But is sure doesn’t do much for kids.
New Time 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for Thursday April 17th, 2014 | John Ransom
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