New Jersey now spends an average of $18, 000 per child per year for education.
And health care expenditures are also a large and increasing percentage of our GDP.
At what point do these fixed overhead costs become unsustainable?
Anonymous
The average cost of nonsectarian private school is $17,000 a year ($27,000 for secondary school). The average property tax rate for the overall U.S. citizen is 1.38%. Meaning the average citizen pays around $6000 in property taxes. You're literally asking the average citizen to triple their payment to education every year (which would be almost 40% of their yearly income, by the way) if we get rid of public education.
Health insurance costs go immediately down if they become public. That's a simple fact.
The largest portion of our Federal budget is in the military and Social Security. Over 40% of every dollar the government spend goes to those two institutions. Funny no one claims those are ever destroying the economy...
KarenL
Yes, both the wasteful spending on education excessive medicine are draining our economy.
An educational system that rewards failure, cannot teach children that they and only they are responsible for the outcomes of their lives is dooming another generation to failure. We have an entire generation that believe that everything is owned to them from others.
Anonymous
No, generation outsource should of known they were going to have to buy computers for kids and health care technology was going to cost more. They did not prepare other then for self. Heck most of them give in gathering places where people see them give.
Anonymous
This is Nothing.
Just wait until ObamaCare really kicks in.
We are going down.