Saturday, February 13, 2010
One year later
ARRA one year later --- It was a year ago this past week that Congress passed the American Recovery and Reinvestment Act with a stunning $100 B for education. While much of the funding has yet to reach its intended beneficiaries, we think the impact at the state and federal level has been profound. To be sure, the anticipated cliff effect of when the funds stop flowing has enlivened debate, but we still think this is a once in a lifetime development of major proportions. Tell the Knowledge-able Sourcerer what you think.
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1 comment:
I agree fully with the precious comment, which I interpret to mean: ARRA slowed the bleeding in education, and for that we should be very grateful. There were some bumps along the way, with some states playing shell games with ARRA money. But the net effect has been very positive.
But, boy, that cliff is coming, the drop is steep, and it's a long way to fall....
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