- The latest annual budget for the Department of Education was $69.4 billion.
- There are 126,000 schools across the United States at the elementary and high school level.
- If we dissolved the useless Department of Education and gave out the $69.4 billion department budget to each school, each school, on average, would get about $550,794 EVERY YEAR to improve its education processes.
- How more teachers could be hired EVERY YEAR if a school or school board had an extra half a million dollars every year?
- How many student computers could be purchased EVERY YEAR if a school or school board had an extra half a million dollars every year?
- How many teachers could receive new training and skills enhancement EVERY YEAR if a school or school board had an extra half a million dollars every year?
Let’s look at another set of numbers to prove my point:
- A couple of years ago there were 2,652,283 kids in the New York state schools.
- These 2.6 million kids attended 4,822 schools throughout the state of New York.
- New York has 6.11% of the U.S. population so let’s assume the state gets 6.11% of the $69.4 billion budget in which case each kid in the state would be theoretically given $1,599 dollars EVERY YEAR to get his or her education improved.
- Every New York state school would get $879,373 EVERY YEAR to improve its effectiveness and operations.
- He created, enacted, and operated the biggest economic stimulus program in the history of the United States Federal government, over $800 billion, that failed miserably.
- His time in office saw significant drops in energy costs that should have diverted trillions of dollars into the market and economy.
- The Federal Reserve pumped trillions of fake dollars into the economy for stimulus purposes.
- Overall economic growth for the country in 2016 was a meager 1.6%.
- This was the lowest economic growth since 2011.
- It was down from the 2.6% growth in 2015.
- It gave Obama the dubious modern day record of being a multi-term President who NEVER presided over an annual economic growth number of at least 3% despite the economic tailwinds cited above.
3) One last set of numbers for today. We have shown similar sets of numbers before where we see that lower tax rates in a state generally correspond to more robust economic conditions in the state. Today, we will take a look at some tax numbers from a recent Forbes analysis and compare that to population growth, where we assume that population growth is a surrogate for economic growth, i.e. people are going to tend to move to places where they get to keep more of their hard earned wages and income, allowing them more freedom.
- The states with the highest tax burdens have an average rank of about 36 when it comes to population growth rank, i.e. about 35 states have a larger population growth rate than the average population growth rank of the highest tax states.
- The states with the lowest tax burdens have an average rank of about 20 when it comes to population growth rank, i.e. about 19 states have a larger population growth rate than the average population growth rank of the lowest tax states.
- The ten states with the lowest tax burden have four states that are growing faster than the total country.
- The ten states with the highest tax burden have only one state that is growing faster than the total country.
It is also available online at Amazon and Barnes and Noble. Please pass our message of freedom onward. Let your friends and family know about our websites and blogs, ask your library to carry the book, and respect freedom for both yourselves and others everyday.
Please visit the following sites for freedom: