Hey Banks and Autos got it, why not us?
Five Democratic Governors led by Massachusetts State Governor Deval Patrick have decided to ask the Federal Government for one trillion dollars to help states meet budget shortfalls. $250 billion of this money will go towards education. You can read more about it here.
Just where is all this money coming from? I am glad that state governors are noticing that education can always use more money, but I really think this is just an attempt to jump on the bailout bandwagon and milk money indirectly from hardworking blue collar Americans to save the state’s bloated budget.
Students, you may want to pick up a copy of Atlas Shrugged, a book ironically written in 1957 that talks about the effects of a federal government getting involved in bailing out the economy. This book is a long and hard read that I can relate to more and more each day.
