Doug Henwood wrote:
> Brad De Long said the other day:
>
> >a serious (OK, semi-serious) push to increase educational
> >attainment
>
> As far as the U.S. government contribution, it's largely rhetorical. Here's
> federal spending on the budget category called "Education, training,
> employment, and social services" as a percent of GDP:
>
> 1962 0.219%
> 1970 0.856%
> 1980 1.171%
> 1990 0.682%
> 1993 0.772%
> 1998 0.653%
> 2004 (proj) 0.647%
>
> So, spending rose a bit during the Bush years and has fallen in the Clinton
> years - and Clinton's own budget projects a further decline over the next 5
> years even before the cretins in Congress get a hold of it.
>
> Yes, education is mostly a state and local responsibility, but for all the
> blather Clinton & Co. have uttered over the last 6 years, there ain't no
> money where their very active mouths are.
>
> Doug
--
Michael Perelman Economics Department California State University michael at ecst.csuchico.edu Chico, CA 95929 530-898-5321 fax 530-898-5901