4 ms·
US public education spending as a percentage of GDP is lower now than in 1993: https://ourworldindata.org/grapher/total-government-expenditure-on-education-gdp
by apsec112 2y ago
US public education spending as a percentage of GDP is lower now than in 1993:
https://ourworldindata.org/grapher/total-government-expenditure-on-education-gdp?tab=chart&country=~USA https://ourworldindata.org/grapher/total-government-expendit...
- polski-g 2y agoThe percentage of children in the population is lower than in 1993.
- s1artibartfast 2y agoWhy should it scale with GDP? GDP growth represents more goods and services produced. If GDP doubles and you go from $1 eggs to $2 eggs, GDP didn't actually grow or you are being swindled. Expenses for a fixed goods and services should decrease as a percent of GDP over time. If they don't, that means spending is less efficient over time.