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Thursday, March 12, 2009

Sound Fair & Equitable To You?

This is a glimpse of our future. A grim future where income and wealth is re-distributed at the whim of the political class. Today, the Pennsylvania governor, Eddie Rendell, disclosed how he plans to whack up some of the Stimulus money. The governor announced he is using $449 Million in federal stimulus funds for the school districts in the five-county Philadelphia area. Here is how the governor is doling out the money:
  • Philadelphia has 38% of the area population & will get $361 Million or 82% of the funds.
  • The other four counties (Bucks, Montgomery, Chester & Delaware) have 62% of the area population & will get only $88 Million or 18% of the money.
  • Sound fair & equitable to you?
  • Hell, I could ask why not give some of the stimulus to parochial and private schools too? Afterall, everyone is suffering in this recession right?
  • Let's take my analysis about one step further:
  • Philadelphia gets $1, 805 per public school student (I estimated population at 200,000 including charter schools funded by School Reform Commission).
  • The other four counties get about $265 per student (I estimated student population at 330,000).

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