New York City Mayor Michael Bloomberg has ordered every school principal in the city to cut $100,000 from their budgets, but says it will have “no impact whatsoever.” Yeah, that was pretty much my reaction:

When Gov. Spitzer and Mayor Bloomberg issued their yearly budget proposals recently, they contained a nasty surprise for city schoolchildren: close to $400 million in cuts to public-school budgets, with more reductions planned in the future.

Those cuts will take a sizable bite out of the cash expected from the Campaign for Fiscal Equity lawsuit that found the state wasn’t providing enough money to guarantee city kids a decent high-school education… [read more]