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Biden’s Fourth-Grade Economics
How to justify unaffordable and inefficient stimulus

By Mark Steyn


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In one of those inspired innovations designed to keep American classrooms on the cutting edge of educational excellence, the administration has been sending Joe Biden out to talk to schoolchildren. Last week, it was the fourth grade at Alexander B. Goode Elementary School in York, Pa., that found itself on the receiving end of the vice president’s wisdom:

Here in this school, your school, you’ve had a lot of teachers who used to work here, but because there’s no money for them in the city, they’re not working. And so what happens is, when that occurs, each of the teachers that stays have more kids to teach. And they don’t get to spend as much time with you as they did when your classes were smaller. We think the federal government in Washington, D.C., should say to the cities and states, look, we’re going to give you some money so that you can hire back all those people. And the way we’re going to do it, we’re going to ask people who have a lot of money to pay just a little bit more in taxes.

Who knew it was that easy?

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So let’s see if I follow the vice president’s thinking:

The school laid off these teachers because “there’s no money for them in the city.” That’s true. York City School District is broke. It has a $14 million budget deficit.

So instead Washington, D.C., is going to “give you some money” to hire these teachers back.

So, unlike York, Pa., presumably Washington, D.C., has “money for them”?

No, not technically. Washington, D.C., is also broke — way broker than York City School District. In fact, the government of the United States is broker than any entity has ever been in the history of the planet. Officially, Washington has to return 15,000,000,000,000 dollars just to get back to having nothing at all. And that 15,000,000,000,000 dollars is a very lowball figure that conveniently ignores another $100 trillion in unfunded liabilities that the government, unlike private businesses, is able to keep off the books.

So how come the Brokest Jurisdiction in History is able to “give you some money” to hire back those teachers that had to be laid off?

No problem, says the vice president. We’re going to “ask” people who have “a lot of money” to “pay just a little bit more” in taxes.

Where are these people? Evidently, not in York, Pa. But they’re out there somewhere. Who has “a lot of money”? According to President Obama, if your combined household income is over $250,000 a year you have “a lot of money.” Back in March, my National Review colleague Kevin Williamson pointed out that, in order to balance the budget of the United States, you would have to increase the taxes of people earning more than $250,000 a year by $500,000 a year.

Okay, okay, maybe that 250K definition of “bloated plutocrat” is a bit off. After all, the quarter-mil-a-year category includes not only bankers and other mustache-twirling robber barons, but also at least 50 school superintendents in the State of New York and many other mustache-twirling selfless public servants.

So how about people earning a million dollars a year? That’s “a lot of money” by anybody’s definition. As Kevin Williamson also pointed out, to balance the budget of the United States on the backs of millionaires you would have to increase the taxes of those earning more than 1 million a year by 6 million a year.

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COMMENTS   90

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   10/22/11 06:49

Mark . . . R U sure Biden was there to give a stump speach ? Or was he there to get educated and attempt to get a "passing" 4th year grade?

Oh boy . . . the cumulative grade average just went down a couple more notchs (sigh).

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   10/22/11 07:18

I teach at a small, Christian school in Florida. Our high school tuition is just over $6,000 per year. We strive to keep it as affordable for working, middle income families as we can. I choose to teach there and make just over $30k. We can't provide all the frilly electives, but our students get a solid education in a place they know they are loved. Our kids are not merit scholars, but they do well in college, trades, or the military.

It chaps my backside to hear bureaucrats gripe about needing to spend $12,000 or more on each kid, because the kid never benefits from much of that. When I hear teacher's unions complain about $60k as not enough, I want to scream. Would I like to make more money? Sure I would. But I'll stay where I am, thanks, because I don't have to answer to endless bureaucrats, I can teach English from a biblical worldview, and I know i'm actually helping kids learn how to be critical thinkers and discerning citizens.

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   10/22/11 07:26

Budget cuts? No clowns in classrooms? Glad Joe has donned the red nose and twisted some balloons as he pocketed their lunch money.

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   10/27/11 12:09

Joe, the self-proclaimed accident prone clown pocketed someone's lunch money while twisting balloons... Why does this sound so familiar to me?

Maybe we should bring the clown story to light...

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   10/22/11 07:28

In the history of the world, has *any* nation recovered once decadence and attitudes of entitlement pulled down the general population?

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   10/22/11 07:50

With expenditures per student where they are, it's obvious, and should be made even more so by conservatives, that the extra funds sought are for the unions - not education. Scott Walker was right, yet he's received so little in the way of public support. I am afraid that most in the GOP leadership are merely cowards.

Plus, why in the world is the federal govt. helping states fund teachers? Isn't that the domain of the states? Why should a TN or TX resident subsidize the sloth and wastefulness of NYC schools? Kind of like Europe and Greece, those who have are expected to bail out those who waste.

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David Holland, M.Ed.
   10/22/11 07:55

What in God's green earth are you talking about? There are 1,700 schools in the New York City school district teaching 1.1 million students, a plurality of which do not speak English at home. And they do this with only 440 teachers and 295 administrators? I'd say that's f&&&ing amazing. Clearly these are not the correct statistics or you are talking about an average or a single school even. So before you call us "dummies" reread and edit your comments. We teach THAT in my school district. Aside from that brain freeze, I agree with everything else Mr. Steyn says.

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SpookyFCO
   10/24/11 12:02

You might want to "reread and edit your own comments" - after you reread the actual piece. Mr. Steyn was talking about the York School District (York, PA), not the New York, NY School District.

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Read Carefully Smart Guy
   10/24/11 12:04

re:David Holland, M.Ed.

Your attention to detail is poor. York, PA - not NYC. Looks like that M.Ed. is really working out for you!

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   10/24/11 12:38

What on earth are you talking about? What does York, PA have to do with NYC? And for everyone else out there that thinks Steyn is calling you a dummy, he is only calling you a dummy (sarcastically so, I might add) if you think 440 teachers and 295 administrators is out of whack. Some of the comments really do make me lament the education available in this country.

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   10/22/11 08:07

Gawd, when will this joker VP get pulled up short for the swill he spews? York has had a 25% decline in enrollment in the last 5 years, of course there are fewer teachers, though not fewer bureaucrats. Under ARRA stimulus they got over $9 million roughly a tenth of their budget and yet they are still a "watch list" high school. The problem is not money it is competence in pedagogy. Sadly, Mr. Steyn's message will not make the MSM. One can only pray the people of Pennsylvania pay attention enough to see the foolishness and take appropriate steps.
ps - How many of my tax dollars are wasted by GM on pro Volt captchas? At least it's going to NRO

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   10/22/11 08:15

The most prophetic Biden quote came shortly after the election when he said [paraphrasing] a lot of the things we do may not appear to be quite right. Amen, Joe!

Mr. Steyn, if you're going to talk Bidenomics, you have to include this bit of wisdom:

"Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you."

Hey, Joe, is it really "asking" for more money when it's at the barrel of a gun?

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   10/22/11 08:17

Listening to Joe Biden is painful. I'm surprised one of the kids didn't say: "what you have just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul."

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   10/22/11 08:52

It's more likely one would say, "Why do your eyes look so funny?"

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Earl's 4th
   10/22/11 09:51

Or, "Is that your real hair?"

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   10/22/11 13:07

Classic. Love that movie, and scene.

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SoonerRed
   10/23/11 10:46

That quote could apply to almost ever speech made by anyone in this Administration...

The truly sad thing is the number of otherwise intelligent people who would read this article and say something to the effect of "you just hate Obama because he's black" or "you just want rich people to be able to keep stealing from the poor".

We are doomed.

And echoing a question asked previously on NRO, why must we sit through an online video commercial to get the "magic words" to post a comment? What started out as a way to prevent automated spam has become even more annoying... and STILL we get the junk from people like MikeB...

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Alphred
   10/22/11 08:19

Timo Soini, head of the True Finns, encouraged Finns to vacation in Greece, saying "your money is already there!" Likewise, we Americans need to visit our money in Finland.

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   10/22/11 08:33

"... the administration has been sending Joe Biden out to talk to schoolchildren. Last week, it was the fourth grade at Alexander B. Goode Elementary School in York, Pa...."

Way up Delaware close to Scranton P A
Way back up in the hoods where the Blue Hens play
There stood a log school made of earth and wood
Where dormed a country boy named Joey B. Goode
Who never learned to read or write or add so well
But he could plagarize just like a ringing a bell

Go go
Go Joey go
Go
Go Joey go
Go
It's a big f'n deal!
Go
Go Joey go
Go
Joey B. Goode

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