Schools should teach economic education, including understanding of federal debt

Posted 11 March 2021 at 8:14 am

Editor:

I believe Mr. Fine needs to research what is spent in New York educating students before criticizing Congressman Jacobs. The cost to educate  is well over $23,000 per student in most New York  districts.

One area I see New York State needs to invest more dollars is economic education. The children enrolled in school now will be faced with paying back this federal debt which now exceeds 125% of GDP. It will not be possible to fund this debt just by increased taxes on those making over $400,000.

The increased tax burden will be more far reaching then the wealthy and corporations.

Edward Urbanik

Lyndonville