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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Tommaso who wrote (88344)11/2/2007 11:58:39 AM
From: benwood  Read Replies (1) of 110194
 
It also matters little if your citizens are highly intelligent if your educational system flounders. In the 15 years I've been involved in the public school system in Seattle, I've witnessed a gradual shifting of the funding from public to parents. The two schools my kids attend receive a lot of parental support and donations, but now I'm seeing in-fighting between fundraising groups who are all competing for what appears to be a milked dry dairy cow, and an aging one at that.

And the resources available in the classroom appears to be on the decline for the past five or six years and I'm seeing a growing pent up need. And we've just skated through the longest boom cycle in years (ever?) and we appear to be exiting that phase with the unmet needs near maximum. Really, really bad priorities and planning.
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