Tuesday, February 19, 2008

 

Doing the Math

With apologies to Glenn Beck: blood is now shooting out of my eyes.

One note: How do higher CAFE standards lower the price of gas? uuuuuuhhhhhh......waiting. Obama said it would.

$4000 education grant to every student. Let me do the math here:

How many new college students are there every year? According to the Bureau of Labor Statistics, there were 1.6 million new US college students in 2006.

That's another $6.4 billion a year spent on education. If that all goes for college education, Obama just made a $6.4 billion promise to college administrators across the country. Anyone like to guess how much the cost of a college education will increase?

Don't even get me started with his plan to require public service to get the grant. It would no longer be "public service". It would be bribing young Americans to participate. No volunteering necessary.

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