It precisely explains why we're spending more and more and getting less and less.
Compound 15% out over 15 years.
Educational reform is a broad subject and there's lots of room for experimentation. I'm fine with properly implemented charter schools, especially for the "thousand laboratories" effect. I don't think that chanting "markets" like a religious incantation is particularly effective. But most importantly, don't underestimate the effect of that healthcare cost.
Compound 15% out over 15 years.
Educational reform is a broad subject and there's lots of room for experimentation. I'm fine with properly implemented charter schools, especially for the "thousand laboratories" effect. I don't think that chanting "markets" like a religious incantation is particularly effective. But most importantly, don't underestimate the effect of that healthcare cost.