Bloomberg on Education

Bloomberg has an editorial in the Journal today about education in which he makes a great analogy:

“The problem is not that America doesn't spend enough money on education -- we spend enormous amounts, far more than any other nation. But we're not getting a sufficient return on our investment. The fact is, our education system looks a lot like the U.S. auto industry in the 1970s -- stuck in a flabby, inefficient, outdated production model driven by the needs of employees rather than consumers.”

The teachers union is a tough entity to take on, I applaud Bloomberg for his efforts.