UC Berkeley Professor of Public Policy and former secretary of labor Robert Reich blogs on the need for investing in human capital.
Any day now, the Obama administration will announce $4.35 billion in extra federal funds for under-performing public schools. That’s fine, but relative to the financial squeeze all the nation’s public schools now face it’s a cruel joke.
The recession has ravaged state and local budgets, most of which aren’t allowed to run deficits. That’s meant major cuts in public schools and universities, and a giant future deficit in the education of our people….
Posted on March 11, 2010 - 4:20pm