Tag Archive: government “schools”

Jan 26

Total Government Failure: Detroit Public Schools Spend as Much on Debt Service as Salaries & Benefits

Socialism is a curse that should be wished on one’s enemies. Markets always win in the end, and no big-government welfare state can outlive its financial irresponsibility. Here is a story about a public school system that has overpaid teachers and administrators so much for so many years that interest payments on its debts now …

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