Monday, October 31, 2011

Price-Gouging Vendors of Prescription Drugs vs. Unionized Taxpayer-Gouging of Public Education

The graphic above is from the White House blog showing that 650% is the "average markup by price-gouging vendors when the drug is in short supply."  In response, "President Obama signed an Executive Order to prevent and reduce prescription drug shortages that lead to price gouging." 

The graphic below is from Investor's Business Daily showing a 375% increase in public school spending over four decades, with no change in reading, math and science test scores.  Reason? A bloated, bureaucratic, unionized public school monopoly that is sheltered from competition.  

Question: If President Obama is concerned about "price gouging" for prescription drugs, will he sign an Executive Order that will expose the public school monopoly to greater competition, and end the "taxpayer-gouging" that has increased the cost of public education by 375% with no change in educational outcomes?

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