Saturday, April 12, 2008

School spending out of control!


CARPE DIEM: "real Per Pupil Expenditures for public elementary and secondary schools has increased from $6051 in 1985-86 to $9295 in 2005-2006, a 53.61% increase (see graph above). Over the same period, real inflation-adjusted gas prices rose by only 10.9% according to EIA data, from $2.24 per gallon in January 1986 to $2.484 per gallon in January 2006 (the mid-point in the school year)."

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