Several readers have written to complain that I have a bias against rich bankers.
Besides, I think the bankers did us a favor by blowing to smithereens some of the central tenets of the so-called school reform movement.
It looks like the bankers have demonstrated you can get something for nothing. Then again, these banks have doled out millions of dollars in campaign contributions over the years, including tens of thousands of dollars to Emanuel’s campaign funds. I guess you could say this $17 million is a return on their investment.
They say that if we immediately fire all the bad teachers and replace them with good ones—as if great teachers grow on trees—kids everywhere will post scores like Alan Turing.
In contrast, the union contract calls for 28 kids for lower grades—and that’s just a goal. Many classrooms have well more than 30.
Hey, Professor Hanushek, try telling that to Goldman Sachs.
