The Taxpayer's Alliance is reporting that despite the billions thrown at early learning under this government, absolutely no progress has been made whatsoever. Hardly surprising to be honest. Money doth not a genius make!
Nursery education is meant to be one of the most cost effective way of raising overall attainment...Labour has pumped money in, launching a raft of programmes and extending free nursery education to all three-year olds. So far it's cost us £21bn.
New research from Durham University's Curriculum, Evaluation and Management Centre reveals that children's development and skills as they enter primary school are no different today than they were in 2000. No progress at all.
"No different at all"! We should be ashamed. Milton Friedman put the problem of government spending very succinctly...
There are four ways in which you can spend money:
You can spend your own money on yourself. When you do that, why then you really watch out what you’re doing, and you try to get the most for your money.
Then you can spend your own money on somebody else. For example, I buy a birthday present for someone. Well, then I’m not so careful about the content of the present, but I’m very careful about the cost.
Then, I can spend somebody else’s money on myself. And if I spend somebody else’s money on myself, then I’m sure going to have a good lunch!
Finally, I can spend somebody else’s money on somebody else. And if I spend somebody else’s money on somebody else, I’m not concerned about how much it is, and I’m not concerned about what I get. And that’s government.
Maybe it is time to send our leaders on remedial economics lessons, though I suspect no matter how much money we would spend the still wouldn't learn anything!
Tags: Politics - Government - Early Learning - Money - Waste - Spending - Taxes
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