Categories: Metro Detroit, Balduck Park Area
Fractions away
Seven hundred billion dollars ($700,000,000,000) – POOF - from the taxpayer’s pockets, and perhaps gone just as quickly as the federal bailout plan is adopted. At the same time, Detroit’s school district fights to keep from being taken over by the state.
For a mere fraction of a fraction of that sum, the Detroit Public School system could be rescued as well. For a fraction more the finest accountants and sociologists in the land could be contracted to plot a new course. Their goal would be achieving long term stability.
The children of Detroit, and in turn, society, are getting the short end of the stick in this bailout deal.
Scanning the news leads to nothing but frustration. While one page explains the Feds’ very likely hundreds of billions of dollars in “bail outs” the other explains how Detroit Public Schools are staring at extreme deficit, with this news coming not long after poor graduation rates were the hot education topic in Michigan.
The school board is facing review by the State in an attempt to straighten out the books; however, the real problem will still loom. Michigan is hard-up and Detroit is even worse.
The only solution will be budget cuts - over $500 million in the next two years – and there is no telling the negative effects to be seen as a result.
Had the federal government stepped in to save Detroit Public Schools, society would be the beneficiary, and the profits would be reaped by those who need them most.
One could note recent accusations regarding superintendant Connie Calloway’s performance and say you don’t want to reward it, but at the same time, the government seems to be ignoring malfeasance (and small fortunes gained because of it) on Wall Street.
And for those who argue the current “bail outs” are just as necessary as the stability of one of the United States’ largest cities’ school systems – and they just might be - always remember that for a fraction more, we could have both.
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