The Organisation for Economic Co-operation and Development (OECD) has warned that lockdowns could wipe £700bn off the global economy and stunt growth for decades due to the lasting impact on children's learning and job prospects. In Texas, public schools received $10,387.03 in 2023-24 for 5.07 million students from state and local allocations, a nominal increase of 1% from last year and 5% from 2020. However, when adjusted for inflation to 2024 dollars, per-student funding is down by 12.9% compared to 2020. Economist Vance Ginn argues that inflation-adjusted student spending in Texas has increased over time, suggesting a different interpretation of the data. The OECD's concerns reflect broader fears about the long-term effects of school closures on the future health and prosperity of children.
Julia Hartley-Brewer responds to an OECD report saying lockdowns and school closures will have 'a lasting impact' on children. "We all know people who've got kids who've now got anxiety, panic disorders, self harm, anorexia." @JuliaHB1 | 📺 https://t.co/X3vJlgMFL9
"Lockdowns threaten to wipe £700bn off the global economy and stunt growth for decades because of the lasting impact of school closures on young people, according to the Organisation for Economic Co-operation and Development (OECD)" Telegraph Those of us who warned of the… https://t.co/j7z1VDqkfz
Texans can’t afford another unsustainable budget like last session. #TXLege should use every excess taxpayer dollar collected to reduce school M&O property tax rates so they’re on a path to elimination. More here: https://t.co/gZxq6o0u6e #txlege #Texas @GregAbbott_TX… https://t.co/fI4WI3TpTI
For decades, economists documented the vital importance of schooling for the future health and prosperity of children. But at the critical moment, with only a few exceptions, they went silent as public health poobahs robbed a generation of kids. https://t.co/uQDcDWZUD7
Wrong. Inflation-adjusted student spending on government schooling in Texas is up substantially over time. You’re choosing a limited amount of money per student and an arbitrary, short-term period since 2020. @statesman Here’s my take @TheTexanNews: “Economist Vance Ginn… https://t.co/6Y9iIKrgXF
"Tx public schools received $10,387.03 in 23-24 for 5.07 million students from state & local allocations — 1% > last year & 5% > 2020 according to @teainfo. However, adjusted to 2024 $, per-student funding is down by 12.9% this year compared with per student in 2020." #txlege https://t.co/5i3dklaNxV
📝 Lockdown impact on children risks damaging productivity for decades, says OECD. Read more 👇 https://t.co/p3mfFA1o4J
The @statesman analyzed more than a decade of education finance data and found state and local funding per pupil has decreased since 2020, when adjusted for inflation. Data analysis from the incredible @baylisswagner. #txed https://t.co/9UIbZmALFy
⚠️ Lockdowns threaten to stunt global growth for decades because of the lasting impact of on children’s learning and job prospects, according to the OECD https://t.co/x0ks7EupVI