Sunday, April 29, 2007

Socialism and Education

I read George McGovern and few days ago responding to VP Cheney about war.

People call McGovern the peace candidate now. I voted for him but by campaign-time Nixon had started withdrawing from Vietnam, and McGovern's issues were domestic rather than war. A key one being a guaranteed national income. I remember arguing for McGovern's ideas in my economics classes at Grinnell College.

Now we have Colin Hitt over at Illinois Policy Institute offering this worthy proposal,

If their rhetoric is believable, if they’re serious about reforming public education, then Illinois lawmakers should consider creating an ‘earned education tax credit’: an annual $4,000 refundable tax credit for every student under the age of 23. The credit would count towards books and materials, but also towards the tuition costs of preschool, private school and college. A $4,000 tax credit – a scholarship in effect – would instantaneously deliver on promises from politicians on both sides of the aisle, and it would dramatically improve public education in Illinois.
My wife is a follower of Mike Ryoko and thinks higher education a waste and kids better off investing their college nest eggs in down payments on a two-flat.

So if we tweak Hitt's proposal here to a $4k credit to every Illinois young-adult for the four years between 18 and 22, that can be invested in education, or a business, or a two-flat; don't we have a program here worthy of Norman Thomas? Not exactly a guaranteed income, but a nice start in life, and without need of a bureaucracy too manage it.

Sounds progressive to me. In fact downright Red. I wish McGovern would have latched onto some of the ownership society ideas conservatives have taken from him, and mentioned those in that letter to Cheney.

xp Prairie State Blue

1 comment:

FrauBudgie said...

A little college nest egg would never cover the price of the 2-flats you're talking about ...