The Brothers Austrian » arne duncan http://www.brothersaustrian.com An economics blog in the Austrian tradition, written by two brothers, one teacher and one bond trader Sun, 24 Apr 2011 13:49:23 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Arne Duncan: Spend Fast Schools http://www.brothersaustrian.com/arne-duncan-spend-fast-schools/ http://www.brothersaustrian.com/arne-duncan-spend-fast-schools/#comments Tue, 10 Mar 2009 21:34:58 +0000 Teacherman http://www.brothersaustrian.com/?p=86 In case you missed this classic story in the news yesterday, Secretary of Education is encouraging local school districts to spends the stiumlus money fast (emphasis added).

The Department of Education’s ‘five-page guidance’ manual actually says, “Spend funds quickly to save and create jobs…”

I was thinking of some more appropriate endings to that statement, here’s my top 5:

1) Spend funds quickly to ensure there is nothing left when the dollar becomes worthless.

2) Spend funds quickly before Congress realizes cuts in education spending actually may improve school efficiency.

3) Spend funds quickly to let China know that we are putting its money to good use.

4) Spend funds quickly so we can hurry up and get some more!  This is way better than actual budget balancing!

5) Spend funds quickly before people realize that more money doesn’t actually mean better schools.

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