The Obama administration pumped more than $7 billion into an education program, first authorized under President George W. Bush, that had no impact on student achievement – according to a report released by the Department of Education in the final days of the 44th president’s term.
http://www.foxnews.com/politics/2017/01/25/education-department-report-finds-billions-spent-under-obama-had-no-impact-on-achievement.html
Showing posts with label Government Borrowing and Spending. Show all posts
Showing posts with label Government Borrowing and Spending. Show all posts
Wednesday, January 25, 2017
Friday, August 26, 2016
Sunday, August 7, 2016
Tuesday, June 28, 2016
Sunday, June 26, 2016
Thursday, June 9, 2016
People Need Debt to Get Circulating Money
The reason we cannot proceed at
once with safety to bring about the
scientific relation between total active
buying power and productive capacity
by some such method as the payment
of old-age pensions, is that as soon as
government spends money into circulation
there is no way of telling at
present whether, when that money
shows up in the private banks in the
form of reserves, you are going to get
a i-for-i expansion of bank credit or
a 6-for-i expansion of bank credit.
https://www.unz.org/Pub/SocialJustice-1938jun20-00015
https://www.unz.org/Pub/SocialJustice-1938jun20-00004?View=AllYears
https://www.unz.org/Pub/SocialJustice-1938jun20-00015
https://www.unz.org/Pub/SocialJustice-1938jun20-00004?View=AllYears
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