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Re:Marc Andreessen interview by chrisco255 on Sunday June 14, 2020 @02:52PM (#23520233)
U.S. also spends an extraordinary amount on schooling: $12,201 per year per student in 2017 (K-12 education) [1].

College education spending is also very high, as public colleges and universities are highly subsidized (typically an in-state student only pays about 1/3 to 1/4 of total costs, which is why out-of-state is more expensive) [2]. Keep in mind, low income students are eligible for Pell grants. There's a lot of federal and state funding of research, etc.

I would wager U.S. is among the highest in per capita spending for education.

[1] https://www.census.gov/newsroom/press-releases/2019/school-s...). [2] https://www.usnews.com/education/best-colleges/paying-for-co...

Re:Marc Andreessen interview by take_a_breath on Monday June 15, 2020 @08:54AM (#23526770)
Again, an argument nobody is making. Nobody argued that the US doesn’t spend money on healthcare, education or housing. The disconnect is in how/where that money is spent.

In healthcare, for example, we have created specific socialized programs for each at-risk population: VA for veterans, Medicare for the elderly, Medicaid for the poor, and CHIP for children. Meanwhile, everyone else is forced to enter the private marketplace.

In education, we’ve drawn lines which make a “per capita” number meaningless. If I spend $15k on one kid and $5k on another, my per capita spending is $10k. That doesn’t tell me anything about the spending each kid received. When you mostly fund schools through local property taxes, areas with higher property values can afford better schools. If spending didn’t matter, we wouldn’t consistently see the richest areas spending the most. They obviously see a correlation between the spending and student success.