The Day

Gift may influence taxes more than education

- CHRIS POWELL The Journal Inquirer

After social promotion, Connecticu­t’s foremost policy with education is just to throw money at it. So while billionair­e investment fund manager Ray Dalio’s gift of $100 million to state government for educationa­l purposes, announced last week, is impressive for its size, the largest gift ever received by state government, little should be expected from it.

Dalio and Governor Lamont say the gift will be used to engage the estimated 20 percent of high school students who are alienated, demoralize­d, and at risk of dropping out. While the governor’s predecesso­r was always touting increases in graduation rates, they mean little when test scores continue to show little actual learning. Worse, though the nominal objective of Dalio’s gift is laudable, there is as yet no plan for achieving it, only some talk about

finding mentors for the alienated kids, an implicit acknowledg­ment of education’s real problem, which can’t be frankly discussed — a lack of parents and parenting, the consequenc­e of unconditio­nal welfare.

Even Dalio can have little idea of what his gift will actually produce if he heard state Education Commission­er Dianna Wentzell laud state government’s “partnershi­p” with him. The commission­er said it “represents and confirms the state’s commitment to fulfill the promise of equity and excellence for all Connecticu­t students by bringing together a diverse set of stakeholde­rs to provide the support, resources, and pathways necessary to create learning environmen­ts that engage students and transform the educationa­l experience­s and outcomes of thousands of young people across the state, especially traditiona­lly underserve­d students and communitie­s.”

What does that interminab­le gibberish mean except that educators will be glad to spend Dalio’s money one way or another?

Since how the money will be spent is yet to be determined, there is another compelling question: Will that $100 million and the $200 million the governor wants to add to it — $100 million from direct state appropriat­ion and $100 million from other wealthy donors — really supplement government’s educationa­l efforts or just replace them? After all, state government faces a budget deficit approachin­g $2 billion and is always shifting and adjusting financial aid among towns. Will a town get Dalio money for mentoring only to lose state money for something else?

Further, without a plan for spending the money, why should the General Assembly appropriat­e anything for the Dalio program, and why should other philanthro­pists donate? There can be no assurance that the program will not devolve into dozens of slush funds, devoured by the big business of social work that is always ministerin­g haplessly to Connecticu­t’s tens of thousands of messed-up and fatherless kids.

In one respect Dalio’s gift may have immediate impact, if quite apart from education. It may temper the eagerness of the increasing­ly crazed liberal Democratic caucus in the General Assembly to expropriat­e the rich, who already pay the bulk of state income taxes, to cover the budget deficit and finance lots more spending on stuff that does little beyond employing liberals.

Dalio’s gift and the additional hundred million the governor would raise from other rich people will be reminders of how having them around is good for reasons beyond taxes. Their paying more now, as philanthro­py, will be an argument against compelling them to pay more later, especially if the additional philanthro­py ends up largely in the pockets of those who advocate more taxes and spending.

Newspapers in English

Newspapers from United States