LEE KRAMER'S ROOM: With Views

[jbsliverer]

Just love the ongoing slaughter of Ranaswamy's brain by Mark Cuban. But then Ranaswamy doesn't really need a brain for entering the most like trump contest and GOP culture wars.

Mark Cuban
@mcuban
I'll play along
@VivekGRamaswamy
.

80b will fund your UBI for school age parents program? Let's do the math on a per child basis.

There are about 75m kids 17 and under, and 25m 0 - 5 yrs old. Do the parents of those kids under 5 get anything ? I'll presume not

So your 80b is allocated across 50m kids. That's 1600 per kid right? Per Year. Right $800 per semester ?

How do you think that $1600 gets spent?

But wait there's more.

Let's say parents are efficient buyers and schools go along with letting any child in. Do you think the best public schools will accept any child for $1600 ? Possibly over-flowing their schools? Requiring more local and state tax money to expand ?

And,I'm guessing your biggest donors will have something to say about who goes to their kid's school. My NIMBY-dar is strong on this one.

So let's pretend that parents and schools figure out some equilibrium and there are schools that will add the children for 1600.

Who is going to pay for make those schools bigger ? Do you think $1600 per additional child will cover the capital and ongoing expenses bill ?

How happy do you think taxpayers w no kids will be about that ?

But wait there is more... at first glance giving $1600 to parents may sound great, but the reality is not every parent can take their kids to school across town.

So now you have kids who can only go to the closest school with only 1600 per yr to contribute. But those same schools may have really needed the funds that the DOE offered them . That money is gone. And they are now getting just $1600 per student. Think that covers what they lost ? If not, what happens to the kids that go to those schools ?

Do your economics advisors believe that the long term cost to American taxpayers for kids that go to underperforming schools increase or decrease state and federal deficits ?

Just for clarification.

I think there is unlimited room for improvement in how we handle education in this country. I just think your approach is really dumb

PS. I did all this in about 30 minutes while watching the end of the Ole Miss Tulane game. It's a great game
Quote
Vivek Ramaswamy
@VivekGRamaswamy
·
7h
Replying to @mcuban
I won’t hold it against you for not knowing the first thing about the U.S. Dept of Education. Here’s how it’ll work: I’ll take the $80BN spent by a useless & toxic agency & put that $$ in the pockets of parents to send their kids to better schools. It’s quite sensible, actually.

https://twitter.com/mcuban/status/1700645219744772140