First, Secretary of Education Arne Duncan and Sen. Tom Harkin (D-IA) tag teamed behind Education Stimulus 2.0 in a hearing on the ED budget, claiming that another $23 billion is “absolutely necessary” to save up to 300,000 teacher jobs, proving that everyday is Christmas for the unions (I guess last year’s $100 billion just wasn’t enough).

Then the NEA asked us to remember the children.

Tons of federal money + jobs + children + tears + zero historical context = Media Tsunami

Former CER colleague Neal McCluskey, however, actually grabs the data and puts it all into perspective:

For one thing, in 2007-08 public schools employed more than 6.2 million people; even the 300,000 figure is tiny compared to that huge number.

More importantly, preceding our schools’ few recent years of financial woe were decades of decadent plenty. According to inflation-adjusted federal data, in 1970-71 Americans spent $5,593 per public-school student. By 2006-07 we were spending $12,463 – a whopping 123 percent increase that bought lots of teachers, administrators, and other shiny things!

And, he points out, it hasn’t bought the student achievement demanded or intended.