More Government Spending Does Not Buy Results In Education Or Poverty Reduction
/Here in New York, we love to feel good about ourselves for our compassion for the less well off. Yes, we pay higher taxes than they do in other places, but for that we get a much higher level of social services to lift up the poor and the downtrodden. Or at least, that’s the narrative.
I first covered this subject back in the very early days of this blog, on November 13, 2012, in a post titled “Why New York City Is A High Tax Jurisdiction.” That post pointed out that in fact the differential in public spending (and therefore taxes) between New York City and other jurisdictions could be found almost entirely in three things, none of which provided any measurable improvements in life quality to the poor and the downtrodden.
Somehow, in seven plus intervening years, almost no one seems to be paying attention to how New York just throws money away to achieve worse results than those achieved elsewhere for half the money. But over the weekend, the New York Post made an exception, publishing an op-ed by a guy named Ryan Fazio titled “NY and CA spend billions more in taxes than TX and FL — and get worse results.” Fazio updates many of the statistics that I had collected for the 2012 post.
Let’s focus on spending for K-12 education and for anti-poverty programs.
