From Stephen Moore <[email protected]>
Subject Unleash Prosperity Hotline #999
Date April 17, 2024 3:39 PM
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Winning on School Choice Isn’t Quite So Easy in the Big Easy

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Unleash Prosperity Hotline
Issue #999
04/17/2024
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1) Winning on School Choice Isn’t Quite So Easy in the Big Easy
Our spies on the ground — the leftists aren’t the only ones with sophisticated surveillance systems — have alerted us that school choice may have hit a snag in Louisiana. Things looked good down in The Bayou about a week ago when an education savings account bill (ESAs) sailed through the House – with six Democratic votes.

But now Cameron Henry, the powerful Republican Senate President, is raising red flag objections.

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One source tells us that Henry complains this is all happening too fast and that he wants to proceed with “caution.”

Too fast? This choice model should have been instituted years ago. Louisiana has some of the poorest performing public schools in the nation and black children are the biggest victims. We’d say there isn’t a minute to lose.

School choice isn’t some kind of untested experiment. We have years of evidence from Milwaukee, DC, Chicago, New York, and others that parental choice raises performance and student/parent satisfaction.

We laughed when we heard one rationale for a “go slow” approach. Henry warns, “Once you get one of these [choice] programs started, they’re hard to stop.”

Exactly. Full speed ahead, Senator.

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2) Yes, Medicare Is a Financial Time Bomb
This chart from the health care policy experts at the Paragon Institute shows that Medicare spending is just starting to explode. The lifetime benefits that seniors will receive are expected to soon reach $750,000 per recipient. However, the average payment into the system by these same beneficiaries is about $200,000. The math clearly doesn’t add up.

How to fix it? Our favored approach is to begin to means-test the deductibles so that higher-income seniors gradually pay a larger and larger share of their own healthcare bills. The wealthier seniors can then backstop their medical expenses with private insurance plans. Why is the broke federal government paying Warren Buffett’s medical bills?

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3) NPR Suspends Editor Uri Berliner for Stating the Obvious
Long-time NPR editor Uri Berliner's Free Press article on how NPR has veered hard left has caused more of a stir than we expected. This part in particular has been quoted everywhere: "In D.C., where NPR is headquartered and many of us live, I found 87 registered Democrats working in editorial positions and zero Republicans. None."

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You would think that this bombshell revelation would cause a major shake-up at NPR – starting with the CEO being fired immediately. (After all, these are the people who preach “diversity” and “tolerance” every day.)

Imagine for a moment that the story wasn’t that NPR has no Republicans, but that it has no blacks, gays, Hispanics, or female executives. The outrage would be thunderous. Someone’s scalp would be on the wall for this blatant discrimination. There would be calls in Congress to clean house.

Instead, NPR’s response has not been an apology to the taxpayers of America, who are forced to pay their bills, but instead, they have suspended the whistle-blower – without pay. Even THIS part of the scandal has been largely ignored by the Biden administration and the mainstream media.

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Several of your HOTLINE editors have known Uri Berliner for years. He has always impressed us as a straight shooter, and a top-notch journalist – of the old-school variety. But he’s in no way a conservative. He’s middle of the road. And apparently, that’s way too far to the right for NPR.

This should be the last straw for NPR. It is finally time to totally cut off taxpayer dollars to a leftwing mouthpiece – that spouts propaganda, not news. We’ve been calling for the defunding of NPR and the Corporation for Public Broadcasting for years and years. National Public Radio should become National PRIVATE Radio.

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4) Even Public School Teachers Admit Our Schools Are Failing
We hear from parents and students all the time that public education has gotten worse since COVID, but now we have confirmation from public school teachers themselves from a recent Pew Research survey of 2,531 U.S. public K-12 teachers.

Teachers are reported to have lower levels of satisfaction in their jobs than the average American worker (52 percent say they would not advise a young person starting out today to become a teacher).

Nearly half the teachers say students at their school have poor academic performance and behavior. An overwhelming 80%, believe schools have gotten worse over the last five years, and about eight in ten teachers say the lasting impact of pandemic closures on students’ behavior, academic performance, and emotional well-being has been very or somewhat negative. Half of teachers say chronic absenteeism among their students is a major post-pandemic problem and persistent.

Perhaps most concerning is the fact that 82% say the overall state of public K-12 education has gotten worse in the past five years. (And it wasn’t very good five years ago!)

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By the way, as performance has gotten worse, tax money into the schools adjusted for inflation has never been higher. More in, less out.

This dismal set of numbers from those in charge of the education of 90% of students indicates that a wholesale reinvention of public education is long overdue. School choice must be at the center of that new system – which is why we at CTUP have made it so central to our mission.

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5) Quote of the Day – Blue States Are “Driving Their Customers Away"
From hedge funder Larry Robbins, founder and chief executive officer of Glenview Capital Management on his decision to move with his family to Palm Beach and commute back to New York for work a few days a week:

"I know of no business that has generated long term success by driving away its highest paying customers... I am in fear for New York’s most vulnerable to become victimized by the great migration...

“Unless we solve the big problem of driving high earners away from New York City, this challenge will be a persistent headwind for decades to come...

"I’m going to continue to dedicate to investing in high quality education in New York City, because unfortunately that job is nowhere near done. Despite the unbelievable results that KIPP and other high-performing charters have produced, there’s still a significant need for additional capacity for high quality seats."

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6) Taxpayers Flattened

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